DOW exploding! GREEN SHOOTS! | |
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Moses Born Again in L.A.
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Shiva ascendant
User ID: 78776149 United States 06/02/2020 11:39 AM Report Abusive Post Report Copyright Violation | “markets can remain irrational a lot longer than you and I can remain solvent.” Attributed to Gary Shilling, twice named Wall Street’s top economist in a poll conducted by Institutional Investor magazine. Not that it matters or will prevent a person from making money with it if they are more than half way good at understanding market psychology. This is the way the world ends. This is the way the world ends. This is the way the world ends. Not with a bang but with a whimper. |
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Click Here Again
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NoKnowthing
User ID: 78046246 United States 06/03/2020 10:49 AM Report Abusive Post Report Copyright Violation | AH YES LETS CHEER ON AS THE CORPORATIONS AND BILLIONARE LOOT AWAY THE MIDDLE CLASS. Only 51.9% of Families Own Stock When you look at the entire population of the United States, fewer than 52% of families own stock. They can own it through a taxable brokerage account or a retirement account, but only 51.9% own any stock whatsoever. The telling statistics is how this changes based on your percentile of usual income : Of the top 10% of income earners, 94.7% own stock. Of the 80-89.9% percentile of income, 85.3% own stock. Of the 60-79.9% percentile of income, 73.6% own stock. Of the 40-59.9% percentile of income, 51.8% own stock. Of the 20-39.9% percentile of income, 32.5.6% own stock. Of the bottom 19.9% percentile of income, just 11.6% own stock. As for the median value of those holdings? For all families, the median is $40,000. The breakdown is: Of the top 10% of income earners, the median value is $363,400 Of the 80-89.9% percentile of income, the median value is $81,200 Of the 60-79.9% percentile of income, the median value is $32,400 Of the 40-59.9% percentile of income, the median value is $15,000 Of the 20-39.9% percentile of income, the median value is $10,000 Of the bottom 19.9% percentile of income, the median value is $6,000 (recall, the median income in the United States is just $63,179) You must be un-biased to have the unbreakable perspective at all times. Research, but understand, you know nothing. |
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Helenus
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okpasha
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