Does the Stock Market Exacerbate Wealth Inequality?
by SavvyRoo on Apr 27, 2015 | Views: 145 | Score: 1
| Percent from each income category investing in the stock market | |
|---|---|
| Less than $30,000 | 21 |
| $30,000 - $74,999 | 56 |
| $75,000 | 88 |
Yearly income
Sources:
gallup.com
Share:
Nearly 9 in 10 Americans making over $75,000 have the money to get involved with investments in the stock market. On the other hand, a meager 21% of Americans making under $30,000 do the same. So when we hear about booms in the stock market and record closings just a few years after a major recession, who is really benefitting?