and sitll the US seems to be one of the biggest markets educated on "being a shareholder" im sure Europe has smaller percentage of them.
replyYup. Over this side of the pond, stock market is this weird socially acceptable gambling for rich people.
replyThis sounds like Elon’s IPO…I give you 0.000000000009% of my company for your whole savings account. Now have a part of the pie!
reply> About half of US households don’t have any retirement at all.
reply...and the top 10% by wealth own 90% of the stock market.
So even among the half that do have retirement savings in 401ks and the like it is on average very little compared to how much the truly wealthy have invested.