▲ 649 ▼ The rich now own a record share of stocks, about 93% of U.S. households' stock market wealth is held by the top 10% (www.axios.com) submitted 2 years ago by return2ozma@lemmy.world to c/news@lemmy.world 107 comments fedilink hide all child comments
[+] PriorityMotif@lemmy.world 10 points 2 years ago (2 children) [deleted] permalink fedilink source parent hideshow 4 child comments replies: [–] AdolfSchmitler@lemmy.world 3 points 2 years ago This point is huge and seemingly overlooked by most people? Once a majority of boomers start pulling their 401k money I don't think millennials and gen x will be putting as much money back in. permalink fedilink source parent [–] Raiderkev@lemmy.world 2 points 2 years ago They really cooked up such a great Ponzi with 401k. I'm sure it'll get rugged right when we come of age to cash out. permalink fedilink source parent
[–] AdolfSchmitler@lemmy.world 3 points 2 years ago This point is huge and seemingly overlooked by most people? Once a majority of boomers start pulling their 401k money I don't think millennials and gen x will be putting as much money back in. permalink fedilink source parent
[–] Raiderkev@lemmy.world 2 points 2 years ago They really cooked up such a great Ponzi with 401k. I'm sure it'll get rugged right when we come of age to cash out. permalink fedilink source parent