Average Person is the Richest Ever as of 4PM today

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What a strange post. To this day, 38% of all Americans don't own a single stock, like another 20% - 30% only own stocks through their 401k (and no...they aren't maxxing out their 401ks).

So...are you going to go to McDonalds and buy someone a burger?

No what's strange is the inability to be happy for someone else.

No what’s strange is dipshits like you don’t know that over 50% of the US population gets nothing or close to nothing from stocks.

According to a Gallup report last year, 62% of Americans own stock. Among those 50 t0 64, it is 72%.

https://news.gallup.com/poll/266807/percentage-americans-owns-stock.aspx

Again...here are the facts which support why many people don't care what the stock market does at all because they benefit either 0% or very minimally

- 38% of all people own no stocks at all
- Top 10% of the wealthiest own 87% of the stock market
- Bottom 50% of the population owns 1% of the stock market
- Of the 62% who own stock, most own stock through their 401k. The Median 401k balance for someone aged 55-64 is $95,642 (and that is the highest median balance for any age group that is tracked)

That may be true overall but not for this audience.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What a strange post. To this day, 38% of all Americans don't own a single stock, like another 20% - 30% only own stocks through their 401k (and no...they aren't maxxing out their 401ks).

So...are you going to go to McDonalds and buy someone a burger?

No what's strange is the inability to be happy for someone else.

No what’s strange is dipshits like you don’t know that over 50% of the US population gets nothing or close to nothing from stocks.

According to a Gallup report last year, 62% of Americans own stock. Among those 50 t0 64, it is 72%.

https://news.gallup.com/poll/266807/percentage-americans-owns-stock.aspx

Again...here are the facts which support why many people don't care what the stock market does at all because they benefit either 0% or very minimally

- 38% of all people own no stocks at all
- Top 10% of the wealthiest own 87% of the stock market
- Bottom 50% of the population owns 1% of the stock market
- Of the 62% who own stock, most own stock through their 401k. The Median 401k balance for someone aged 55-64 is $95,642 (and that is the highest median balance for any age group that is tracked)

Interesting. It seems like owning stock is a good way to improve your finances. Owning cash doesn't make money.

[Anonymous]

Stocks are down since January, are you looking at your portfolio accurately?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What a strange post. To this day, 38% of all Americans don't own a single stock, like another 20% - 30% only own stocks through their 401k (and no...they aren't maxxing out their 401ks).

So...are you going to go to McDonalds and buy someone a burger?

No what's strange is the inability to be happy for someone else.

No what’s strange is dipshits like you don’t know that over 50% of the US population gets nothing or close to nothing from stocks.

According to a Gallup report last year, 62% of Americans own stock. Among those 50 t0 64, it is 72%.

https://news.gallup.com/poll/266807/percentage-americans-owns-stock.aspx

Again...here are the facts which support why many people don't care what the stock market does at all because they benefit either 0% or very minimally

- 38% of all people own no stocks at all
- Top 10% of the wealthiest own 87% of the stock market
- Bottom 50% of the population owns 1% of the stock market
- Of the 62% who own stock, most own stock through their 401k. The Median 401k balance for someone aged 55-64 is $95,642 (and that is the highest median balance for any age group that is tracked)

Interesting. It seems like owning stock is a good way to improve your finances. Owning cash doesn't make money.

Understand...the 38% who own no stocks have like a $0 net worth as well. It's not like they are making some decision to not own stocks.

[Anonymous]

Anonymous wrote:Stocks are down since January, are you looking at your portfolio accurately?

How are you investing? Everything I have is way up.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What a strange post. To this day, 38% of all Americans don't own a single stock, like another 20% - 30% only own stocks through their 401k (and no...they aren't maxxing out their 401ks).

So...are you going to go to McDonalds and buy someone a burger?

No what's strange is the inability to be happy for someone else.

No what’s strange is dipshits like you don’t know that over 50% of the US population gets nothing or close to nothing from stocks.

According to a Gallup report last year, 62% of Americans own stock. Among those 50 t0 64, it is 72%.

https://news.gallup.com/poll/266807/percentage-americans-owns-stock.aspx

Again...here are the facts which support why many people don't care what the stock market does at all because they benefit either 0% or very minimally

- 38% of all people own no stocks at all
- Top 10% of the wealthiest own 87% of the stock market
- Bottom 50% of the population owns 1% of the stock market
- Of the 62% who own stock, most own stock through their 401k. The Median 401k balance for someone aged 55-64 is $95,642 (and that is the highest median balance for any age group that is tracked)

Interesting. It seems like owning stock is a good way to improve your finances. Owning cash doesn't make money.

Understand...the 38% who own no stocks have like a $0 net worth as well. It's not like they are making some decision to not own stocks.

Is this 38% of all Americans? Or 38% of adult Americans?

[Anonymous]

Anonymous wrote:Stocks are down since January, are you looking at your portfolio accurately?

I used Google and searched on the leading indexes year to date performance, they are all up. But sure, the sky continues to fall.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What a strange post. To this day, 38% of all Americans don't own a single stock, like another 20% - 30% only own stocks through their 401k (and no...they aren't maxxing out their 401ks).

So...are you going to go to McDonalds and buy someone a burger?

No what's strange is the inability to be happy for someone else.

No what’s strange is dipshits like you don’t know that over 50% of the US population gets nothing or close to nothing from stocks.

According to a Gallup report last year, 62% of Americans own stock. Among those 50 t0 64, it is 72%.

https://news.gallup.com/poll/266807/percentage-americans-owns-stock.aspx

Again...here are the facts which support why many people don't care what the stock market does at all because they benefit either 0% or very minimally

- 38% of all people own no stocks at all
- Top 10% of the wealthiest own 87% of the stock market
- Bottom 50% of the population owns 1% of the stock market
- Of the 62% who own stock, most own stock through their 401k. The Median 401k balance for someone aged 55-64 is $95,642 (and that is the highest median balance for any age group that is tracked)

Interesting. It seems like owning stock is a good way to improve your finances. Owning cash doesn't make money.

Understand...the 38% who own no stocks have like a $0 net worth as well. It's not like they are making some decision to not own stocks.

Is this 38% of all Americans? Or 38% of adult Americans?

What portion of that 38% are here illegally?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What a strange post. To this day, 38% of all Americans don't own a single stock, like another 20% - 30% only own stocks through their 401k (and no...they aren't maxxing out their 401ks).

So...are you going to go to McDonalds and buy someone a burger?

No what's strange is the inability to be happy for someone else.

No what’s strange is dipshits like you don’t know that over 50% of the US population gets nothing or close to nothing from stocks.

According to a Gallup report last year, 62% of Americans own stock. Among those 50 t0 64, it is 72%.

https://news.gallup.com/poll/266807/percentage-americans-owns-stock.aspx

Again...here are the facts which support why many people don't care what the stock market does at all because they benefit either 0% or very minimally

- 38% of all people own no stocks at all
- Top 10% of the wealthiest own 87% of the stock market
- Bottom 50% of the population owns 1% of the stock market
- Of the 62% who own stock, most own stock through their 401k. The Median 401k balance for someone aged 55-64 is $95,642 (and that is the highest median balance for any age group that is tracked)

Interesting. It seems like owning stock is a good way to improve your finances. Owning cash doesn't make money.

Understand...the 38% who own no stocks have like a $0 net worth as well. It's not like they are making some decision to not own stocks.

Is this 38% of all Americans? Or 38% of adult Americans?

Adults

[Anonymous]

Anonymous wrote:What are you talking about? My retirement account has steadily lost money since Jan 31. It’s only going to get worse.

What are you talking about? The S&P is up 5+% since January despite the big dip last month, and up 28+% since this time last year.

Anyone who lost money this year did something foolish with their investments.

[Anonymous]

Anonymous wrote:Stocks are down since January, are you looking at your portfolio accurately?

Dude, anyone can look this up and what you say is not true. Anymore. It was at one point so perhaps you haven't looked at your accounts in the last few weeks.

[Anonymous]

Anonymous wrote:

Anonymous wrote:What are you talking about? My retirement account has steadily lost money since Jan 31. It’s only going to get worse.

What are you talking about? The S&P is up 5+% since January despite the big dip last month, and up 28+% since this time last year.

Anyone who lost money this year did something foolish with their investments.

No, they're smarter than everyone and correctly timing the market like our other thread.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What a strange post. To this day, 38% of all Americans don't own a single stock, like another 20% - 30% only own stocks through their 401k (and no...they aren't maxxing out their 401ks).

So...are you going to go to McDonalds and buy someone a burger?

No what's strange is the inability to be happy for someone else.

No what’s strange is dipshits like you don’t know that over 50% of the US population gets nothing or close to nothing from stocks.

According to a Gallup report last year, 62% of Americans own stock. Among those 50 t0 64, it is 72%.

https://news.gallup.com/poll/266807/percentage-americans-owns-stock.aspx

Again...here are the facts which support why many people don't care what the stock market does at all because they benefit either 0% or very minimally

- 38% of all people own no stocks at all
- Top 10% of the wealthiest own 87% of the stock market
- Bottom 50% of the population owns 1% of the stock market
- Of the 62% who own stock, most own stock through their 401k. The Median 401k balance for someone aged 55-64 is $95,642 (and that is the highest median balance for any age group that is tracked)

Interesting. It seems like owning stock is a good way to improve your finances. Owning cash doesn't make money.

Understand...the 38% who own no stocks have like a $0 net worth as well. It's not like they are making some decision to not own stocks.

Is this 38% of all Americans? Or 38% of adult Americans?

Adults

Sounds like the time for education has begun. With the passage of the Secure Act, those part time McDonald’s employees should absolutely be throwing in a couple of dollars a month into the company 401k.

[Anonymous]

We’re at the point where our portfolio makes more than we do, and that’s still wild to me.

Dips/Corrections can be rough. We had six figure growth in Jan and Feb and then bam down over 200K in March, but I’ve learned to just ride it out, and yeah, new high yesterday.

[Anonymous]

I think its all relative. The wealth percentile im in probably hasn't changed over the last few years and Inflation eats heavily into all this net worth gain. My annual returns in my investments are higher than my gross wages, but I still have little cash flow and my insurance bills keep going up 10-20% each year.