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To: 1010RD
the discussion was on the ease with which a person can enter the labor market and use the excess capital earned there to invest in the stock market as a way to participate in a business...  ...Most of the American workforce is hand to mouth.

Actually, most people own stocks:

-but most adults are not employed:  Number of employees: 118,402,000 ÷ Civilian Noninstitutional Population over 16: 249,027,000 = 47% vs. 52% for stocks.  More:

How many Americans have 401(k)s? In 2012, about 52 million American workers were active 401(k) participants, and there were about 515,000 401(k) plans.

(from here) There are nearly 15 million IRA accounts held by more than 11 million people with total assets of just over $1 trillion.

 

106 posted on 01/15/2015 4:39:46 AM PST by expat_panama
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To: expat_panama

And the carnage begins..l

http://www.businessinsider.com/schlumberger-cuts-9000-jobs-2015-1?nr_email_referer=1&utm_source=Sailthru&utm_medium=email&utm_content=MarketsSelect


112 posted on 01/16/2015 3:29:18 AM PST by Wyatt's Torch
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