Krauerking@lemy.lol to Comic Strips@lemmy.world · edit-25 days agoMarket Volatility or What If it Doesn'tlemy.lolimagemessage-square36fedilinkarrow-up1622file-text
arrow-up1622imageMarket Volatility or What If it Doesn'tlemy.lolKrauerking@lemy.lol to Comic Strips@lemmy.world · edit-25 days agomessage-square36fedilinkfile-text
minus-squareJankatarch@lemmy.worldlinkfedilinkarrow-up28·edit-24 days agoStock market is just rich people gambling a small portion of their generational wealth.
minus-squarevillage604@adultswim.fanlinkfedilinkEnglisharrow-up13·4 days agoYeah, if you ignore all of the retirement accounts.
minus-squareFrost-752@crazypeople.onlinelinkfedilinkEnglisharrow-up10·4 days agothe top 10 percent hold about 93 percent of U.S. households stock market wealth, retirement accounts make up a relatively small portion actually
minus-squarenandeEbisu@lemmy.worldlinkfedilinkarrow-up3·3 days agoThat’s true, but it doesn’t change the fact that if the stock market crashes it affects people relying on those retirement accounts more than it affects billionaires. Also, they make a useful hostage when asking for bailouts.
Stock market is just rich people gambling a small portion of their generational wealth.
Yeah, if you ignore all of the retirement accounts.
the top 10 percent hold about 93 percent of U.S. households stock market wealth, retirement accounts make up a relatively small portion actually
That’s true, but it doesn’t change the fact that if the stock market crashes it affects people relying on those retirement accounts more than it affects billionaires.
Also, they make a useful hostage when asking for bailouts.