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The majority of Americans do not have any real (or any at all) amounts of money invested in the market. That may change slowly as more people come online, but r

The majority of Americans do not have any real (or any at all) amounts of money invested in the market. That may change slowly as more people come online, but right now the majority of the stock is owned by a small percentage of the workers of the country. I'd expect there to be a very long road ahead of us before we find most Americans holding a sizable amount of their capital in the market or even in a bank account at all.

robotresearcher 6y ago
"Around 42% of the working-age population with a full-time job has a 401(k) or similar plan, and those funds are overwhelmingly invested in stocks" https://www.reuters.com/article/us-health-coronavirus-stocks-retail-expl/explainer-coronavirus-fears-hit-the-market-hard-how-much-did-ordinary-americans-lose-idUSKBN20Y1BZ https://www.reuters.com/article/us-health-coronavirus-stocks...
- wahern 6y ago
  > only 33 percent of the population worked full time or more in 2016. Source: https://www.peoplespolicyproject.org/2018/05/01/only-1-in-3-americans-work-full-time/ https://www.peoplespolicyproject.org/2018/05/01/only-1-in-3-... > In 2018, the average account balance for Vanguard participants was $92,148; the median balance was $22,217. [emphasize added] Source: https://pressroom.vanguard.com/nonindexed/Research-How-America-Saves-2019-Report.pdf https://pressroom.vanguard.com/nonindexed/Research-How-Ameri... 33% * %42 = ~14%. And while the number is debatable, depending on how we define "significant", only a portion of that 14% has significant wealth invested in the stock market. I agree with the previous poster. The vast majority of Americans (including employed Americans) aren't invested in the stock market in any meaningful way.
ErikAugust 6y ago
"Just a modest majority of Americans, some 55%, own stocks, according to an April 2020 poll by Gallup, which asks whether households owned stocks either directly or as part of a fund." https://www.forbes.com/sites/teresaghilarducci/2020/08/31/most-americans-dont-have-a-real-stake-in-the-stock-market/?sh=2e9a5d1b1154 https://www.forbes.com/sites/teresaghilarducci/2020/08/31/mo...
- nealabq 6y ago
  And about 35% own stocks, bonds or mutual funds outside of retirement accounts. https://www.pewresearch.org/fact-tank/2020/09/25/few-in-u-s-owned-stocks-outside-of-401ks-in-2019-fewer-said-market-had-a-big-impact-on-their-view-of-economy/ https://www.pewresearch.org/fact-tank/2020/09/25/few-in-u-s-...

robotresearcher 6y ago

"Around 42% of the working-age population with a full-time job has a 401(k) or similar plan, and those funds are overwhelmingly invested in stocks" https://www.reuters.com/article/us-health-coronavirus-stocks-retail-expl/explainer-coronavirus-fears-hit-the-market-hard-how-much-did-ordinary-americans-lose-idUSKBN20Y1BZ https://www.reuters.com/article/us-health-coronavirus-stocks...

wahern 6y ago
> only 33 percent of the population worked full time or more in 2016. Source: https://www.peoplespolicyproject.org/2018/05/01/only-1-in-3-americans-work-full-time/ https://www.peoplespolicyproject.org/2018/05/01/only-1-in-3-... > In 2018, the average account balance for Vanguard participants was $92,148; the median balance was $22,217. [emphasize added] Source: https://pressroom.vanguard.com/nonindexed/Research-How-America-Saves-2019-Report.pdf https://pressroom.vanguard.com/nonindexed/Research-How-Ameri... 33% * %42 = ~14%. And while the number is debatable, depending on how we define "significant", only a portion of that 14% has significant wealth invested in the stock market. I agree with the previous poster. The vast majority of Americans (including employed Americans) aren't invested in the stock market in any meaningful way.

ErikAugust 6y ago

"Just a modest majority of Americans, some 55%, own stocks, according to an April 2020 poll by Gallup, which asks whether households owned stocks either directly or as part of a fund." https://www.forbes.com/sites/teresaghilarducci/2020/08/31/most-americans-dont-have-a-real-stake-in-the-stock-market/?sh=2e9a5d1b1154 https://www.forbes.com/sites/teresaghilarducci/2020/08/31/mo...

nealabq 6y ago
And about 35% own stocks, bonds or mutual funds outside of retirement accounts. https://www.pewresearch.org/fact-tank/2020/09/25/few-in-u-s-owned-stocks-outside-of-401ks-in-2019-fewer-said-market-had-a-big-impact-on-their-view-of-economy/ https://www.pewresearch.org/fact-tank/2020/09/25/few-in-u-s-...