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When 7 in 10 Americans can't afford to sock away more than $1,000[1], can you really argue that they don't _want_ to buy into the stock market? [1] https://www
by neon_electro 10y ago
When 7 in 10 Americans can't afford to sock away more than $1,000[1], can you really argue that they don't _want_ to buy into the stock market?
[1] https://www.usatoday.com/story/money/personalfinance/2016/10/09/savings-study/91083712/ https://www.usatoday.com/story/money/personalfinance/2016/10...
- tacostakohashi 10y agoYes, I could mount a fairly convincing argument that they want to buy into the stock market less than everything else spend money on.
- neon_electro 10y agoI don't need shares of stock to survive. I do need food, shelter, and access to transportation to my source of income. Am I missing something about the risk of investing in the stock market when basic needs could be put at risk? (i.e., a dollar put into the stock market could have been a dollar put into savings to help me in times of need)