One more time.
YOU said “The census says 57 million Americans own mutual funds ... or 50.3% of the population.
I said: That can’t be right....(57 million is about 20% of 217 million...Got it?)..because the census says:
Nationally, there were 217.8 million people age 18 and over;
http://www.census.gov/Press-Release/www/releases/archives/population/001703.html
Read the link I posted to the census.
Here’s the quote from the article I posted from the census bureau:
More than half (50.3 percent) of U.S. households nearly 57 million owned stocks and mutual funds in 2005
HOUSEHOLDS ... HOUSEHOLDS
Or do you wants infants and children to be counted as investors????