3 ms·
> Most of the money in the markets are from the average Joe's 401k, or pension. Can you provide a source for that? I looked for one and couldn’t find one, but
by glial 6y ago
> Most of the money in the markets are from the average Joe's 401k, or pension.
Can you provide a source for that? I looked for one and couldn’t find one, but if you had one I would love to read it.
- iphorde 6y agoPeople are stupid, they're unable to do basic math. https://www.statista.com/statistics/940498/assets-retirement-plans-by-type-usa/ https://www.statista.com/statistics/940498/assets-retirement... Pensions and 401ks, etc were valued at $32 trillion. https://siblisresearch.com/data/us-stock-market-value/ https://siblisresearch.com/data/us-stock-market-value/ The total stock market value is only $36 trillion. Jesus people are fucking stupid. You can calculuate the value of the market yourself btw. It is really simple. How basic math could save everyone, but honestly, you are all that stupid. Please, keep watching CNN, and MSNBC.