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DFab420

(2,951 posts)
2. Hooray that means that the 3% of stock owning Americans are wealthier
Mon Jul 22, 2024, 09:35 AM
Jul 2024

Thank goodness all those benevolent mega donors chose the right person for us pleebs to vote for!

doc03

(39,055 posts)
5. Thanks for pointing that out. If you have a 401k it most likely contains stocks. If you have a
Mon Jul 22, 2024, 09:46 AM
Jul 2024

pension plan it is invested in the stock market. I am retired have an IRA. I don't have any individual stocks but it is invested
100% in stock and bond funds.

 

brooklynite

(96,882 posts)
4. How Many Americans Own Stock? About 158 Million
Mon Jul 22, 2024, 09:45 AM
Jul 2024

Americans have plenty of ways they can invest, from workplace retirement plans to opening individual accounts with top stock brokers. But how many people invest in the stock market?

About 158 million adults in the United States invest in stocks, according to a recent Gallup survey. However, certain demographic groups own much more than others.

Read on for the latest data on how many Americans own stock, as well as how stock ownership breaks down by wealth, generation, and race.

https://www.fool.com/research/how-many-americans-own-stock/#:~:text=According%20to%20Gallup%2C%20162%20million,a%201%25%20increase%20from%202023.

SocialDemocrat61

(7,527 posts)
7. Some important points
Mon Jul 22, 2024, 10:08 AM
Jul 2024
The wealthiest 10% of Americans own 93% of stocks even with market participation at a record high

The richest Americans own the vast majority of the US stock market, according to Fed data.

The top 10% of Americans held 93% of all stocks, the highest level ever recorded.

Meanwhile, the bottom 50% of Americans held just 1% of all stocks in the third quarter of 2023.


The wealthiest Americans have never owned so much of the stock market, with the top 10% now holding a record 93% of US equities, according to Federal Reserve data.

Americans broadly have been participating in the stock market at a higher rate, with a record 58% of households owning stocks in 2023, according to the Fed's Survey of Consumer Finances.

Still, stock ownership is skewed toward the top: by comparison, the bottom 50% of Americans owned just 1% of all stocks and mutual fund shares in the third quarter, central bank data shows.


Johonny

(26,078 posts)
10. 110 is just noise
Mon Jul 22, 2024, 11:17 AM
Jul 2024

Trying to link day to day micro movements in the market to events is not very serious. The Marco movement all year shows Biden delivered a strong economic recovery from the pandemic. He is doing fine. Not sure why he's so unpopular.

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