NYT: 84% of all stocks are owned by the top 10% (limitations, pension, financial)

[Quietude]

Originally Posted by Marc Paolella

Lack of stock ownership is a personal problem to be solved by the individual.

Ah. Once again, only [stupid | clueless | ignorant | weak | worthless] people have economic problems. Thanks for your contribution.

[Mircea]

Originally Posted by Quietude

Ah. Once again, only [stupid | clueless | ignorant | weak | worthless] people have economic problems. Thanks for your contribution.

The reality is that the Poorâ„¢ would liquidate their stocks so they could buy $800 of worthless tattoos.

[mathjak107]

And lets not forget lottary tickets

[Quietude]

Originally Posted by Mircea

The reality is that the Poor™ would liquidate their stocks so they could buy $800 of worthless tattoos.

Nah. Reality™ is having the special edition of Rand with numbered chapter and verse so you can put it on your bumper stickers.

[kwong7]

That sounds accurate to me. It's a shame that we have such disparity, but that is the system as I understand it. Intergeneration wealth inheritance, IPOs/secondary offerings, stock-buyback programs, preferred vs. common stock disparity, executive compensation programs, and socio-economic strain are major reasons for this skewed proportion of stock ownership. Their are structural issues with our society as to why there's such a great disparity, but I don't think it's useful to point them out here.

[TuborgP]

Originally Posted by Quietude

Nah. Realityâ„¢ is having the special edition of Rand with numbered chapter and verse so you can put it on your bumper stickers.

I swear, by my life and my love of it, that I will never live for the sake of another man, nor ask another man to live for mine.

Ayn Rand

[Quietude]

Originally Posted by TuborgP

Ayn Rand

You forgot chapter and verse!

I always wonder, just a little, how many RLTs know their hero was a Russian-educated Jewish immigrant to the US?

[Thatsright19]

Originally Posted by TuborgP

Ayn Rand

https://m.youtube.com/watch?v=6zK0E7rKTKE


https://m.youtube.com/watch?v=mWuNeGsK3Qg

[Marc Paolella]

Originally Posted by Quietude

Ah. Once again, only [stupid | clueless | ignorant | weak | worthless] people have economic problems. Thanks for your contribution.

Everyone has what they perceive as economic problems. The point is, they are THEIR problems. You do not have the right to externalize your economic problems to others. If you want stocks, get your azz in gear, work, save up some dough, and buy yourself some stocks. It's not that hard. Many stocks are $3/share. Anyone can afford a stock portfolio. Unless they make stupid choices, do things out of order, have kids without spouses and/or money, snort heroin, abuse alcohol, evade reality and choose inappropriate and unattainable goals, etc.

[Quietude]

Originally Posted by Marc Paolella

Everyone has what they perceive as economic problems. The point is, they are THEIR problems. You do not have the right to externalize your economic problems to others.

So all economic problems are individual. Gotcha.

And you got yours, and anyone can, so no problem. Gotcha again.