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Three recurring laments heard in the corridors of the Marriner Eccles building are why, with stocks at record highs after levitating in more or less a straight line for the past 7 years, i) has the economic recovery not been stronger, ii) has inflation not been higher, and iii) have consumer spending and sentiment never really recovered. A just released Gallup survey may have the answer.
According to a poll of over 1,000 American adults, even with the Dow Jones industrial average near its record high, only slightly more than half of Americans (52%) say they currently have money in the stock market, matching the lowest ownership rate in Gallup's 19-year trend.
Stocks should be left to central banks and big boys.
good luck growing money avoiding investing or trying to stick to just real estate . you better earn a ton of money in your accumulation stage so your money does not have to work for you ..
so far even a conservative portfolio like a 50/50 mix has never lost a penny over any 10 or 20 year time frame and in fact has grown nice money over most of those time frames . some were sluggish but they still made money
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.
negative ? i had multiple 7 figures worth . but there is no guarantee one particular asset class will perform well enough for you to meet your goals .
my more typical real estate holdings were blown away by my market returns over my time frame . the big money was made in special situation real estate where most of the money was made on the buy , that is a professional game .
if you are picking one asset class to bet your entire future outcome on you are making the riskiest bet of all .
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.
You're right about that.
There are obviously some people with potentially zero savings but i don't think they are significant.
I'm Sammy Sunshine positive compared to these guys!
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