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Is there any evidence that is true? The majority of Americans don't even participate in the stock market outside of a 401k at best.
by sjg007 5y ago
Is there any evidence that is true? The majority of Americans don't even participate in the stock market outside of a 401k at best.
- raincom 5y agoIt is not Starbucks barista or some amazon warehouse worker, who is bidding up for two homes, but those with fat 401ks and cushy jobs are. Even 10% of people can push the inflation.
- otoburb 5y ago>>The majority of Americans don't even participate in the stock market outside of a 401k at best. It seems that stock market household participation has inched up over the past 4 decades driven by a variety of factors and is likely a (slight) majority participation rate at this point[1][2] although as one might expect heavily skewed towards higher-income households. [1] https://www.pewresearch.org/fact-tank/2020/03/25/more-than-half-of-u-s-households-have-some-investment-in-the-stock-market/ https://www.pewresearch.org/fact-tank/2020/03/25/more-than-h... [2] https://www.usnews.com/news/national-news/articles/2021-03-15/who-owns-stocks-in-america-mostly-its-the-wealthy-and-white https://www.usnews.com/news/national-news/articles/2021-03-1...