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> corporations and rich folk In 2022, about 58% of American households owned stock, either directly or indirectly through mutual funds and other investment acc
by nickpp 2y ago
> corporations and rich folk
In 2022, about 58% of American households owned stock, either directly or indirectly through mutual funds and other investment accounts.
https://www.axios.com/2023/10/18/percentage-americans-own-stock-market-investing https://www.axios.com/2023/10/18/percentage-americans-own-st...
- lesuorac 2y agoI would expected an individual in the top 10% to have more than 30x the stock an individual below 10% but apparently not [1]. Although top 10% holding 89% of stocks does pretty much mean the rest of america is really just dabbling in the stock market. [1]: https://www.fool.com/research/how-many-americans-own-stock/#toc_stock-ownership-by-level-of-wealth https://www.fool.com/research/how-many-americans-own-stock/#...