Submitted by TheFrederalGovt t3_10r6xs5 in news
[deleted] t1_j6u4o3h wrote
Wonderful news, always glad to hear that the wealthiest in this country continue to do well at everyone else's expense.
spazz720 t1_j6uw6mz wrote
Not just the wealthy are invested in the stock market
toomuchtodotoday t1_j6vb7om wrote
89% of the US equities market is owned by the wealthiest 10% of households. The bottom 90% share just 11%.
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RespectMyAuthoriteh t1_j6u7l0v wrote
You mean people like teachers and fire fighters who have stock-based retirement accounts they contribute part of their paycheck to each month?
Status_Arachnid9722 t1_j6uh6n9 wrote
The only teacher in my school who had a portfolio was the art teacher. And she just kept drawings in it.
SirAwesome3737 t1_j6ut8uh wrote
It's a state pension fund. smh
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Clean_Command_4897 t1_j6u9lkq wrote
Yes, I'm certain hedge funds and CEOs are happy for teachers lol
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groveborn t1_j6uhnv6 wrote
While they do that, this isn't that.
You can also invest, get some money out of it, assuming your income isn't entirely required to survive.
LetWinnersRun t1_j6u9qam wrote
No one is prevented from investing
the_great_zyzogg t1_j6uf7zi wrote
People who's entire paycheck go to rent and groceries are effectively prevented from investing.
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