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Without knowing what percentage of US adults are invested in ANYTHING, that poll doesn't say much. A high percentage of Americans have little or no savings, period, much less any investments. I'd bet that a significant percentage of the "no stocks" folks in that poll also own no real estate and no bonds, and don't even have much cash tucked away for a rainy day. They're not specifically avoiding stocks, they're avoiding savings/investing in general.
Exactly. Another recent poll said 47% of Americans could not come up with $400 within 30 days to cover an emergency without borrowing. It is hardly shocking then that these same people have no stock investments.
Exactly. Another recent poll said 47% of Americans could not come up with $400 within 30 days to cover an emergency without borrowing. It is hardly shocking then that these same people have no stock investments.
So it isn't so much that people are "Fleeing" from stocks as it is that they can't afford then? Sort of like 98% of people are "Fleeing" buying Rolls-Royce automobiles?
Well that's comforting to know that my stock-heavy portfolio won't be crashing any time soon. You can't have a stock bubble until everyone is jumping on the stock bandwagon (like with the dot com bubble).
Well that's comforting to know that my stock-heavy portfolio won't be crashing any time soon. You can't have a stock bubble until everyone is jumping on the stock bandwagon (like with the dot com bubble).
My mailman just gave me a hot tip on a great tech play!!!
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