8% of the US owns 90% of the stock market, call them Trump's 'billionaires' if you want even though they largely votes for liberal causes
90% of those can't handle it when the market turns down after three years of stock market gains that defied the actual value of the underlying companies and their inability to deliver earnings/profits
anyone worried about declines in their 401Ks or portfolios should not have been invested in equities but high yielding tax free munis, but then good luck bragging about illogical appreciation
it's hilarious that investors behave like the markets are rational all the while recognizing that the markets are merely emotional and that investing is really straight up gambling where the house holds all the advantages
8% of the US owns 90% of the stock market, call them Trump's 'billionaires' if you want even though they largely votes for liberal causes
90% of those can't handle it when the market turns down after three years of stock market gains that defied the actual value of the underlying companies and their inability to deliver earnings/profits
anyone worried about declines in their 401Ks or portfolios should not have been invested in equities but high yielding tax free munis, but then good luck bragging about illogical appreciation
it's hilarious that investors behave like the markets are rational all the while recognizing that the markets are merely emotional and that investing is really straight up gambling where the house holds all the advantages