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In 1952 when this movie was made only about 4.2% of the US population owned any stocks. After the Depression it took a generation before many people were willin
by UncleOxidant 5y ago
In 1952 when this movie was made only about 4.2% of the US population owned any stocks. After the Depression it took a generation before many people were willing to invest in stocks. I can recall my grandparents, who were in their 20s during the Depression, being very disparaging about "playing in the stock market". And my parent's generation (their children) really had no idea how to invest in the stock market because it wasn't something their parents did or told them about. May dad had a 401K, but he had no clue what he was doing with it - never seemed to understand the market at all and I don't think that was unusual for his generation.