English Deutsch Français Italiano Español Português 繁體中文 Bahasa Indonesia Tiếng Việt ภาษาไทย
All categories

Only about 10% of the US invest?

2007-03-02 23:09:38 · 5 answers · asked by Anonymous in Business & Finance Investing

5 answers

No, the percentage is much higher than that. I don't know current figures, but according to the Economic Policy Institute "The percentage of households that own stock declined from 51.9% in 2001 to 48.6% in 2004." The market has been doing pretty well since 2004, so it's probably climbed some since then. And that is only people that invest in stocks. I'm sure there are other that have no stocks, but have investments in real estate, gold, art, collectibles, etc.

This article also states that "Stock ownership remains concentrated among the wealthiest households." Some people may think that's because only the rich can afford to buy stocks. I personally think that many of those people probably became rich because they invested in stocks consistently over time. Stocks over the long haul provide a better return than any other class of investment. But you have to stay in them in good times and bad. Way too many people only buy when the market is doing great and then panic and sell as soon as there a drop like this past week. That approach is almost certain to keep them from becoming rich.

2007-03-03 00:00:36 · answer #1 · answered by Dave W 6 · 0 0

With most major employers going to 401 plans ( instead of the old company pensions)...a lot more people are invested than 10 or 15 years ago. I think the 10% figure may be about 10 years out of date.
Did they ever get that money into your funds? Slight drop last few days... do not REPEAT: do not let it bug you( look again in 6 months)

2007-03-03 17:33:00 · answer #2 · answered by jebediabartlett 6 · 0 0

I think the percentage may be a bit higher. People invest in the stock market as well as CD"s & 401 k's . I don't know the percentage but most folks working for a large company have some sort of investment.

2007-03-03 07:17:56 · answer #3 · answered by Sandi Beach 4 · 0 0

No it is much higher

2007-03-04 08:23:57 · answer #4 · answered by ? 6 · 0 0

I have a 401K

2007-03-03 07:13:21 · answer #5 · answered by Jerrica Starlight 5 · 0 0

fedest.com, questions and answers