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Personal Finance and Investing

progree

(11,463 posts)

18. The admins instructions are clear - and there was a good reason for them. We don't

Reply to at140 (Reply #17)

Sun Feb 9, 2020, 07:42 PM

Feb 2020

want the entirety of DU to be filled with all the bashing and nastiness that goes on in the Democratic Primaries forum.

The Democratic Primaries forum and its participants provide a very important function and service, and some degree of criticism of candidates and their supporters is to be expected there, and getting heated is to be expected (and tolerated within some limits), but again, I'd like to see that confined to that forum and not be all over DU, and I think that was the admins' intent too.

I'm glad this thread so far has not gone any further on the candidates.

Only half of Americans own stocks, and 84 percent of all stocks are held by just 10%

And that is why it is critically important why Warren becomes president. She has the strongest agenda on helping the other 90% who own only 16% of all stocks.

This plug for Warren doesn't look "incidental" to me.

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Only half of Americans own stocks, and 84 percent of all stocks are held by just 10% [View all] at140 Feb 2020 OP

Are we talking outright stock? RandySF Feb 2020 #1

It includes stocks held in mutual funds progree Feb 2020 #4

Then it has to be more than half. RandySF Feb 2020 #5

Then what has to be more than half? progree Feb 2020 #6

I think the article is off. RandySF Feb 2020 #8

It could be. But why do you think so? It is a much quoted statistic progree Feb 2020 #9

Marketwatch?? They depend on more stock buyers! at140 Feb 2020 #16

There are many more than just Marketwatch quoting that statistic progree Feb 2020 #20

I wonder.... lastlib Feb 2020 #24

Well, 55% of Americans said they own stock in 2019 (was 63% in 2004) - Gallup progree Feb 2020 #15

Good point to make! A gross distribution of wealth in this country, which should have never... SWBTATTReg Feb 2020 #2

A very clever way to pitch one's primary candidate outside of the Democratic Primaries Forum progree Feb 2020 #3

My candidate preference is not important, the subject matter of thread is! at140 Feb 2020 #17

The admins instructions are clear - and there was a good reason for them. We don't progree Feb 2020 #18

To answer your tax question -- I got screwed a bit progree Feb 2020 #19

I've been on the road all day and only just saw this thread a short while ago..... A HERETIC I AM Feb 2020 #21

OK, I will edit my post...as the mention of Warren was incidental. at140 Feb 2020 #22

Fair enough. A HERETIC I AM Feb 2020 #23

Vanguard use to use Wellstone ruled Feb 2020 #7

I own stock jls4561 Feb 2020 #10

There are other places to invest Progressive dog Feb 2020 #11

True. Pension plans are included in the stock ownership statistics cited in the OP progree Feb 2020 #12

Defined benefit plans are not Progressive dog Feb 2020 #13

EDITED - you apparently are right, looking at the paper (NBER link). progree Feb 2020 #14