Are we investing too much?

[Anonymous]

Anonymous wrote:The reality is the top let's say 10% in net worth are completely reliant on the rest to over consume. If every American had the same frugal lifestyle where they invest more and spend less, the economy would crash hard and it would be devastating.

+1. This. Most of us who are disciplined savers and investors don't overconsume. We can thank our fellow Americans who buy stuff they don't need from Amazon every other day, or buy $5 coffee from Starbucks every day for making our investments lucrative.

[Anonymous]

Anonymous wrote:No. Most people use up all their money and even borrow more.
A lot of small investors, like myself, were never the biggest spenders. Investing and all surrounding it is more exciting than shopping. I'm so glad for the shoppers.
The money you invest in company stock is being used to make money by the company, the bank, and who knows who else. The money in your savings is being used to make more money unless it's under mattress.

Plus it's incredibly nice to hit your 40s/50s and be able to spend without too much thought. Was worth planning/saving/investing in our earlier years to reap the rewards now. I grew up poor. So in my 20s, taking a driving trip to a basic hotel was wonderful, I didnt' need luxury, anything was "luxury " relative to what I had the prior 20+ years.