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Over half of Americans have $0 in stocks
CNNMoney ^

Posted on 04/10/2015 3:31:42 PM PDT by Red in Blue PA

More American adults drink coffee daily than have money invested in the stock market.

Less than half, or 48%, of American adults have money in stocks, according to Bankrate's Money Pulse survey. Compared to that, about 61% of adults have at least a cup of coffee daily, according to the latest National Coffee Drinking Trends.

(Excerpt) Read more at money.cnn.com ...


TOPICS: News/Current Events
KEYWORDS: finance; investing; stockmarket
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To: Red in Blue PA

That would stand to reason with 60-70% of the volume HFT churning...


21 posted on 04/10/2015 4:04:46 PM PDT by Axenolith (Government blows, and that which governs least, blows least...)
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To: napscoordinator

So what you’re saying is that Obama has been good for the economy.


22 posted on 04/10/2015 4:06:26 PM PDT by cripplecreek ("For by wise guidance you can wage your war")
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To: cripplecreek; bigdaddy45

Playing the stock market isn’t like playing the lottery.

The lottery isn’t rigged.


23 posted on 04/10/2015 4:06:56 PM PDT by PAR35
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To: C210N
They're counting ppl with 401K's or IRA's in with people who do own stocks.

I'm actually surprised it's as high as 48%.

24 posted on 04/10/2015 4:08:27 PM PDT by Cementjungle
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To: cripplecreek
"I’m betting the bulk of stockholders have them in the form of retirement funds."

I think that's probably true. I'd be very surprised if 48% of adult Americans are DIRECTLY active in the stock market.
25 posted on 04/10/2015 4:09:03 PM PDT by Steve_Seattle
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To: Red in Blue PA

It appears about 60% of American’s have figured out Wall St. is totally 100% manipulated by corrupt insiders and those with extreme wealth. The same exact one’s that can take a big financial hit and still go on those Learjet vacations. While other insiders know what’s coming and quietly and quickly switch the deck.

Maybe they should be forced to play the stock market charade? The more in, the more there is to be looted. A win win for the insiders.


26 posted on 04/10/2015 4:10:50 PM PDT by dragnet2 (Diversion and evasion are tools of deceit)
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To: C210N

I’m one of those people who have $0 in actual direct ownership of stock shares but most of my retirement savings in mutual funds of some sort.

There is one key difference between owning stock and owning mutual fund shares that bothers me though. While I benefit about as much financially as if I owned individual stock shares, mutual funds give me zero say in the management of any company. The voting power of my stock is in the hands of a faceless mutual fund manager.

Do I own stock in companies that are shipping jobs overseas? Probably. But my mutual fund manager has a fiduciary responsibility to maximize short term profits, even if I would prefer that there be jobs here in the U.S. when my children grow to working age.

Do I indirectly own stock in one of the companies that recently bullied my birth state of Indiana? Probably. But my mutual fund manager holds the proxy votes, not me.

Do I indirectly own stock in many of the MSM companies that lie on behalf of Obama on a daily basis? Probably. But again I have no say in corporate governance.

I honestly don’t know what to do about this problem. Mutual funds are a two edged sword. They convey the financial benefits of stock ownership to people who don’t have the time, expertise, or quantity of capital to effectively invest in individual stocks. But they concentrate corporate governance in the hands of a faceless manager class.


27 posted on 04/10/2015 4:11:59 PM PDT by CaptainMorgantown
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To: GeronL
These are the 48% who think government will save them no matter what

Or that got their asses handed to them during the meltdown...like me.

I don't care that it earns nothing -- cash is it for me.

28 posted on 04/10/2015 4:12:18 PM PDT by ErnBatavia (It ain't a "hashtag"....it's a damn pound sign. ###)
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To: napscoordinator

Right on. I chose to stick with half of my retirement fund right up to my retirement last November and I made a third of a million. Since the risk was high I chose at retirement to invest a half million in an annuity, which is practically guaranteed to retain at least it’s base value for the rest of our lives.
Young people who can survive a stock market reversal after a few bad years would be crazy not to be investing in equities today.

TC


29 posted on 04/10/2015 4:13:56 PM PDT by Pentagon Leatherneck
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To: Hattie

They are indeed.


30 posted on 04/10/2015 4:15:15 PM PDT by ought-six ( Multiculturalism is national suicide, and political correctness is the cyanide capsule.)
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To: cripplecreek

Haha ...


31 posted on 04/10/2015 4:16:20 PM PDT by BunnySlippers (I Love Bull Markets!!!)
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To: jonascord
Stock 'value' is increasing because the Fed is pumping out worthless paper 'dollars' that will continue to artificially inflate the market until Obama is out of office, when it will be someone else's problem...

And we should refuse to participate on principle?

32 posted on 04/10/2015 4:17:04 PM PDT by Starstruck (Hillary is running on her vagina and not even Bill wants to go there)
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To: Red in Blue PA

stocks are so overrated - right now the Obama Administration has propped up the stock market so some believe the uS economy is going great. in actuality the Us is on the brink of financial collapse


33 posted on 04/10/2015 4:18:34 PM PDT by hondact200 (Candor dat viribos alas (sincerity gives wings to strength) and Nil desperandum (never despair))
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To: CaptainMorgantown
I personally know what to do about it. I simply refuse to play their game. I do not want to be part of that corruption.

Profits regardless of consequences, is a huge factor in the decline of America. They can do that without my help.

34 posted on 04/10/2015 4:18:36 PM PDT by dragnet2 (Diversion and evasion are tools of deceit)
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To: CaptainMorgantown
I honestly don’t know what to do about this problem.

Your problem is similar to those of the conservative taxpayer, forced to pay for abortion, providing Iran with safe passage to having nuclear bombs, Øbamaphones, hospitals-schools-welfare for criminaliens, and all the programs for gibsmedats.

35 posted on 04/10/2015 4:19:55 PM PDT by C210N (When people fear government there is tyranny; when government fears people there is liberty)
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To: cripplecreek

Certain companies can succeed in any environment. They adapt just like humans.


36 posted on 04/10/2015 4:21:33 PM PDT by Red in Blue PA (war is peace, freedom is slavery, ignorance is strength, obama loves America)
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To: C210N
The only solution is simple. Limit aiding and abetting this epic sellout any way possible. That's what I do.

When possible, I refuse to be part of it or a contributor to it.

37 posted on 04/10/2015 4:24:41 PM PDT by dragnet2 (Diversion and evasion are tools of deceit)
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To: GeronL

“the same half that have $0 in savings”

The same half that is on the dole ...


38 posted on 04/10/2015 4:25:31 PM PDT by TexasGator
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To: Lorianne

Yeah my mother took a tax hit on pulling her 401K early but she was able to buy her house.

The 20 odd percent in penalties from taking the money early was a heck of a lot better than the 40% loss many in her situation took. She was a year away from retirement when she needed career ending back surgery that couldn’t wait.

As far as the perpetually self Righteous are concerned, they aren’t even coherent. One minute they complain about Obama destroying the economy, the next minute they’re bragging about how well they’re doing, and in the next minute they’re beating up on people being poor.

Personally I prefer to be flat broke in a house I own free and clear to having money on paper that can disappear living in a house that will disappear with the phantom money.


39 posted on 04/10/2015 4:27:30 PM PDT by cripplecreek ("For by wise guidance you can wage your war")
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To: Red in Blue PA; All
"Over half of Americans have $0 in stocks"



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40 posted on 04/10/2015 4:28:05 PM PDT by musicman (Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
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