return2ozma@lemmy.world to News@lemmy.world · 7 months 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.comexternal-linkmessage-square12fedilinkarrow-up10arrow-down10
arrow-up10arrow-down1external-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.comreturn2ozma@lemmy.world to News@lemmy.world · 7 months agomessage-square12fedilink
minus-squarecomfydecal@infosec.publinkfedilinkarrow-up0·edit-27 months agoSo if everyone in the US stops buying publically traded companies, it would bankrupt the top 10%?
minus-squareCowbee [he/him]@lemmy.mllinkfedilinkarrow-up0arrow-down1·7 months 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.