35sec snip

Animal Spirits Podcast cover image

Has the World Gone Crazy? (EP.362)

Animal Spirits Podcast

NOTE

Ownership of Stocks and Homes as Financial Indicators

The majority of upper income Americans, lower income Americans, and middle income Americans own stocks, with ownership being 87% for upper income, 25% for lower income, and 65% for middle income. This ownership rate is now comparable to homeownership rates. Owning either stocks or a house contributes significantly to a person's net worth, indicating a strong financial standing.

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