Posted on 04/10/2015 3:31:42 PM PDT by Red in Blue PA
More American adults drink coffee daily than have money invested in the stock market.
Less than half, or 48%, of American adults have money in stocks, according to Bankrate's Money Pulse survey. Compared to that, about 61% of adults have at least a cup of coffee daily, according to the latest National Coffee Drinking Trends.
(Excerpt) Read more at money.cnn.com ...
I can’t afford lottery tickets either.
The majority of the people unfortunately are not smart enough to know mutual funds are stocks.
the same half that have $0 in savings
Exactly.
How many of the $0 stock “people” have retirement funds, pensions, 401k’s.
These are the 48% who think government will save them no matter what
I was gonna say that is about the same number that have EBT cards.
May not be a bad thing.
Are you equating buying stocks to playing the lottery?
Yes.
My mother sure dodged a bullet pulling her 401K back in 2008.
I’m surprised that 48% DO own stocks. My guess would have been about 20-25% I would think that very few people with a household income of less than $50,000 - a very large chunk of the public - would invest in stocks, because they have little if any disposable income.
Stock 'value' is increasing because the Fed is pumping out worthless paper 'dollars' that will continue to artificially inflate the market until Obama is out of office, when it will be someone else's problem...
They might be better off ... if they have put their money instead into tangible assets.
I’m betting the bulk of stockholders have them in the form of retirement funds.
I took that bullet in 2008, stayed in and have a full magazine today. I know people who bailed in 2008 and are still working and scraping by. That 1% interest rate sure keeps a person ahead of inflation.
Over 50 percent don’t pay taxes. Over 50 percent are below average intelligence. Over half of the country are idiots. Unfortunately those of us that have been saving since 18 in my case are going to have to support these idiots because I don’t see the united States letting these folks fall on their swords even though I wish they would.
My mother sure dodged a bullet pulling her 401K back in 2008.
Oh gosh....and had she left it in there she would have a ton more money today. Whatever losses we suffered in 2008 have more than replaced those and then some. I am much wealthier today then I was in 2008 and that is because of the money I am making in the stock market.
Stock ‘value’ is increasing because the Fed is pumping out worthless paper ‘dollars’
They pulled back from that once they saw the Stock Market stronger.
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