@[email protected] to [email protected] • 1 year agoThe rich now own a record share of stocks, about 93% of U.S. households' stock market wealth is held by the top 10%www.axios.commessage-square110fedilinkarrow-up1658cross-posted to: [email protected][email protected][email protected]
arrow-up1658external-linkThe rich now own a record share of stocks, about 93% of U.S. households' stock market wealth is held by the top 10%www.axios.com@[email protected] to [email protected] • 1 year agomessage-square110fedilinkcross-posted to: [email protected][email protected][email protected]
minus-square@[email protected]linkfedilink5•edit-21 year agoSo if everyone in the US stops buying publically traded companies, it would bankrupt the top 10%?
minus-squareCowbee [he/they]linkfedilink2•1 year agoOnly if you’re including the top 10%. The vast majority of retail investing makes little difference even when combined, in comparison to institutional investing.
So if everyone in the US stops buying publically traded companies, it would bankrupt the top 10%?
Only if you’re including the top 10%. The vast majority of retail investing makes little difference even when combined, in comparison to institutional investing.