The top 10% owns 87% of the stocks

#1

Post by jasdi » Mon, Mar 03, 2025, 7:42 AM UTC

The top 10% owns 87% of the stocks
awealthofcommonsense.com

Re: The top 10% owns 87% of the stocks

#2

Post by blackeyeblitzar » Mon, Mar 03, 2025, 7:47 AM UTC

Financial education - spending less, saving up, and investing - is common sense but maybe needs to be taught in school. Or maybe the new sovereign wealth fund will indirectly reduce this inequality without needing every individual to take action. Not sure what other options there are.

Re: The top 10% owns 87% of the stocks

#3

Post by thomasingalls » Mon, Mar 03, 2025, 7:48 AM UTC

blackeyeblitzar wrote: post #2

Financial education - spending less, saving up, and investing - is common sense but maybe needs to be taught in school. Or maybe the new sovereign wealth fund will indirectly reduce this inequality without needing every individual to take action. Not sure what other options there are.

TAX. THE. RICH.

Oh right.

Re: The top 10% owns 87% of the stocks

#4

Post by weatherlite » Mon, Mar 03, 2025, 7:51 AM UTC

So a stock market and/or real estate crash can actually be good to reduce inequality . In fact I think its about the only way to dramatically reduce inequality.

Think about young people trying to buy their 1st home now, its becoming impossible.

Re: The top 10% owns 87% of the stocks

#5

Post by 7bit » Mon, Mar 03, 2025, 7:51 AM UTC

If you take away the wealth of the top 20 %, then who will take over the income that comes from the VAT? Exactly, the poor! /s

Re: The top 10% owns 87% of the stocks

#6

Post by hagbarth » Mon, Mar 03, 2025, 7:52 AM UTC

blackeyeblitzar wrote: post #2

Financial education - spending less, saving up, and investing - is common sense but maybe needs to be taught in school. Or maybe the new sovereign wealth fund will indirectly reduce this inequality without needing every individual to take action. Not sure what other options there are.

Or maybe, you know, the structure of the system concentrates wealth.

Re: The top 10% owns 87% of the stocks

#7

Post by andirk » Mon, Mar 03, 2025, 7:52 AM UTC

I'm sure it's true, but is this considering 401k? Where the person has little to do with the individual stonks.

> "Wealth inequality is only getting worse in this country and frankly I’m not sure what stops this train."

Best trick is allowing the top 50% to hate the bottom 50% and naturally visa versa BUT ALSO have a huge portion of the bottom 50% to root and vote for the top.

Re: The top 10% owns 87% of the stocks

#8

Post by 29athrowaway » Mon, Mar 03, 2025, 7:52 AM UTC

weatherlite wrote: post #4

So a stock market and/or real estate crash can actually be good to reduce inequality . In fact I think its about the only way to dramatically reduce inequality. Think about young people trying to buy their 1st home now, its becoming impossible.

They would get bailed out with something like Quantitative easing.

Congress will not let the stock market crash because they are #1 insider traders.

Re: The top 10% owns 87% of the stocks

#9

Post by 47282847 » Mon, Mar 03, 2025, 7:52 AM UTC

blackeyeblitzar wrote: post #2

Financial education - spending less, saving up, and investing - is common sense but maybe needs to be taught in school. Or maybe the new sovereign wealth fund will indirectly reduce this inequality without needing every individual to take action. Not sure what other options there are.

How many poor people do you know? I mean, personally? I don’t know anyone where your advice would not be received as condescending and detached from reality.

Re: The top 10% owns 87% of the stocks

#10

Post by denkmoon » Mon, Mar 03, 2025, 7:53 AM UTC

weatherlite wrote: post #4

So a stock market and/or real estate crash can actually be good to reduce inequality . In fact I think its about the only way to dramatically reduce inequality. Think about young people trying to buy their 1st home now, its becoming impossible.

The 2008 stock market crash famously reduced inequality. Definitely didn't increase inequality by leaving the average person (via government bailouts) holding the bag.