How the Federal Reserve Is Increasing Wealth Inequality

[OfTheCross]

How the Federal Reserve Is Increasing Wealth Inequality — ProPublica

Large swaths of Americans like Tan have essentially missed out on any direct wealth increase from the market’s near doubling since its bottom 13 months ago. Rather, the major beneficiaries have been the wealthiest 10% of Americans, who owned 89% of stocks and mutual fund shares held by U.S. households as of year-end, according to Fed statistics. More than half of that — 53% — is owned by the top 1%.



@ we don't own shyt. The average joe has no business keeping up with the market

 

[BushidoBrown]

@ we don't own shyt. The average joe has no business keeping up with the market

what are some other things the avg joe should do with their disposable income instead of put it in the market

 

[that guy]

what are some other things the avg joe should do with their disposable income instead of put it in the market

Cryptocurrency

 

[ADevilYouKhow]

How the Federal Reserve Is Increasing Wealth Inequality — ProPublica

Large swaths of Americans like Tan have essentially missed out on any direct wealth increase from the market’s near doubling since its bottom 13 months ago. Rather, the major beneficiaries have been the wealthiest 10% of Americans, who owned 89% of stocks and mutual fund shares held by U.S. households as of year-end, according to Fed statistics. More than half of that — 53% — is owned by the top 1%.



@ we don't own shyt. The average joe has no business keeping up with the market

You stay sucking conservative libertarian dikk though

 

[EndDomination]

what are some other things the avg joe should do with their disposable income instead of put it in the market

Saving for retirement.

Individual small-time investments in the market won't yield especially favorable results for most average people - a 401k or a Roth IRA are the way to go.

 

[BushidoBrown]

Saving for retirement.

Individual small-time investments in the market won't yield especially favorable results for most average people - a 401k or a Roth IRA are the way to go.

ok sure but these are often directly intertwined with the stock market..
also now many services allow you to pick a group of stocks and make regular contributions that it will automatically invest into those for you

you will get finessed if you just put your money in a regular savings account whereas the market historically returns 10% a year on average

 

[OfTheCross]

what are some other things the avg joe should do with their disposable income instead of put it in the market

Save for a down payment and invest in real estate

Or flip cars.

Or invest in mutual funds and index funds for the long-term.

But no need for the average Joe to care about the market's day to day movements