return2ozma@lemmy.world to News@lemmy.world · 11 months agoThe rich now own a record share of stocks, about 93% of U.S. households' stock market wealth is held by the top 10%www.axios.comexternal-linkmessage-square105fedilinkarrow-up1653arrow-down116cross-posted to: usa@lemmy.mlnews@lemmy.world
arrow-up1637arrow-down1external-linkThe rich now own a record share of stocks, about 93% of U.S. households' stock market wealth is held by the top 10%www.axios.comreturn2ozma@lemmy.world to News@lemmy.world · 11 months agomessage-square105fedilinkcross-posted to: usa@lemmy.mlnews@lemmy.world
minus-squareIllegal_Prime@dmv.sociallinkfedilinkEnglisharrow-up12·11 months agoOne thing the article doesn’t make super clear to me is if that figure includes investment funds and whatnot, and to what degree. It sounds like it might but elaborated very little beyond a vague statistic.
minus-squarephillaholic@lemm.eelinkfedilinkarrow-up1·11 months agoIt is extremely vague, because the top 10% of Americans in net worth are those who have over about $850,000.
One thing the article doesn’t make super clear to me is if that figure includes investment funds and whatnot, and to what degree. It sounds like it might but elaborated very little beyond a vague statistic.
It is extremely vague, because the top 10% of Americans in net worth are those who have over about $850,000.