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"People invest in stocks"... Do you have any numbers on that? In my circles hardly anyone has stocks, some people with money to spare of with a financial backgr
by teekert 5y ago
"People invest in stocks"... Do you have any numbers on that? In my circles hardly anyone has stocks, some people with money to spare of with a financial background. In general people don't buy stocks, in my opinion.
- anovikov 5y agoHow do they save for retirement then? Certainly you can't do it with any fixed interest instruments - they are all below inflation or about at inflation at best. Total value of U.S. stock market is $95T+$46T for bond market, of housing, $33T and commercial real estate, $17T. That reflects the breakdown of "where people invest". Because bonds make no sense by themselves and are only needed for rebalancing of stocks, 74% of investment goes into 'stock market'.
- Workaccount2 5y ago>How do they save for retirement then? This is borderline "Let them eat cake"...
- teekert 5y agoHmm, in the Netherlands we have pension funds and the AOW (general elderly law) both provide people with income. In general, if you have a job, you are saving for you pension. And the pension funds? They invest ;)