▲ 853 ▼ Too much winning! (lemmy.world) submitted 1 year ago by KneeTitts@lemmy.world to c/politicalmemes@lemmy.world 48 comments fedilink hide all child comments
[+] Aux@feddit.uk -7 points 1 year ago (1 child) If you invest now - it will. If not - then you'll get poorer. permalink fedilink source parent hideshow 2 child comments replies: [–] whirlpoolbrewer@lemm.ee 10 points 1 year ago* (last edited 1 year ago) (1 child) Around 77% of Americans live paycheck to paycheck: https://www.prnewswire.com/news-releases/survey-reveals-majority-of-americans-still-living-paycheck-to-paycheck-302257819.html#%3A%7E%3Atext=SAN+ANTONIO%2C+Sept.%2Cin+a+competitive+hiring+market.%22. They don't have the spare money to throw in the market. Even if they had the money, they don't have the expertise to invest wisely. They cannot afford to throw money away on pump and dump stocks. 77% of Americans are screwed. permalink fedilink source parent hideshow 2 child comments replies: [–] Aux@feddit.uk 0 points 1 year ago (1 child) 61% of Americans own stock https://news.gallup.com/poll/266807/percentage-americans-owns-stock.aspx permalink fedilink source parent hideshow 2 child comments replies: [–] MutilationWave@lemmy.dbzer0.com 8 points 1 year ago* (1 child) And how much of that is in the form of a 401(k), IRA, or pension mutual fund? I'd wager greater than 90%. You don't have to know anything about the market to own these investments. I'm certain the number who actively trade or even check what they're invested in is quite small. permalink fedilink source parent hideshow 2 child comments replies: [–] Aux@feddit.uk -3 points 1 year ago That's irrelevant. permalink fedilink source parent
[–] whirlpoolbrewer@lemm.ee 10 points 1 year ago* (last edited 1 year ago) (1 child) Around 77% of Americans live paycheck to paycheck: https://www.prnewswire.com/news-releases/survey-reveals-majority-of-americans-still-living-paycheck-to-paycheck-302257819.html#%3A%7E%3Atext=SAN+ANTONIO%2C+Sept.%2Cin+a+competitive+hiring+market.%22. They don't have the spare money to throw in the market. Even if they had the money, they don't have the expertise to invest wisely. They cannot afford to throw money away on pump and dump stocks. 77% of Americans are screwed. permalink fedilink source parent hideshow 2 child comments replies: [–] Aux@feddit.uk 0 points 1 year ago (1 child) 61% of Americans own stock https://news.gallup.com/poll/266807/percentage-americans-owns-stock.aspx permalink fedilink source parent hideshow 2 child comments replies: [–] MutilationWave@lemmy.dbzer0.com 8 points 1 year ago* (1 child) And how much of that is in the form of a 401(k), IRA, or pension mutual fund? I'd wager greater than 90%. You don't have to know anything about the market to own these investments. I'm certain the number who actively trade or even check what they're invested in is quite small. permalink fedilink source parent hideshow 2 child comments replies: [–] Aux@feddit.uk -3 points 1 year ago That's irrelevant. permalink fedilink source parent
[–] Aux@feddit.uk 0 points 1 year ago (1 child) 61% of Americans own stock https://news.gallup.com/poll/266807/percentage-americans-owns-stock.aspx permalink fedilink source parent hideshow 2 child comments replies: [–] MutilationWave@lemmy.dbzer0.com 8 points 1 year ago* (1 child) And how much of that is in the form of a 401(k), IRA, or pension mutual fund? I'd wager greater than 90%. You don't have to know anything about the market to own these investments. I'm certain the number who actively trade or even check what they're invested in is quite small. permalink fedilink source parent hideshow 2 child comments replies: [–] Aux@feddit.uk -3 points 1 year ago That's irrelevant. permalink fedilink source parent
[–] MutilationWave@lemmy.dbzer0.com 8 points 1 year ago* (1 child) And how much of that is in the form of a 401(k), IRA, or pension mutual fund? I'd wager greater than 90%. You don't have to know anything about the market to own these investments. I'm certain the number who actively trade or even check what they're invested in is quite small. permalink fedilink source parent hideshow 2 child comments replies: [–] Aux@feddit.uk -3 points 1 year ago That's irrelevant. permalink fedilink source parent
