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A lot of people are invested in the stock market, not just rich people. Essentially anyone with a professional-class job has a retirement fund invested in stock
by umanwizard 6y ago
A lot of people are invested in the stock market, not just rich people. Essentially anyone with a professional-class job has a retirement fund invested in stocks, at least in the US.
- jason0597 6y agoThe top 1% own over 50% of equity in the country. The following 9% own about 30% of equity. All in all, that's the top 10% owning more than 80% of the equity in the country. I disagree that a lot of people are invested in the stock market. Statistically, it's very few people.
- SpicyLemonZest 6y agoA similar distribution holds for income, but I don’t think it would be wrong to say that a lot of people have an income in the US.
- shawnz 6y agoJust because the top owners skew the share of ownership so much doesn't mean that "very few people" are invested. Our pensions might be nothing to the top earners of the country but that doesn't mean they're nothing to each one of us individually.