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Home » Discuss » General Discussion: Presidency Donate to DU
ipaint Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-13-10 11:50 AM
Response to Reply #49
58. One more time
"By 2001, the share was 51 percent. So there has been much more widespread stock ownership, in terms of number of families.

But a lot of these families have very small stakes in the stock market. In 2001, only 32 percent of households owned more than $10,000 of stock, and only 25 percent of households owned more than $25,000 worth of stock."


I bolded the section where the author refers to 32% OF the 51% who own stock.

If that is not clear enough for you, it's no longer my problem. It has been proven with facts time and time again that the top 10% in this country own 90% of stocks. The onus on you is to now prove your flawed assumption that the vast middle class, non of which are in the top 10%, own enormous amounts of investments in the stock market.
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