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<blockquote data-quote="rickyb" data-source="post: 3348400" data-attributes="member: 56035">i just read it and its exactly what i said.the 1% owning 75% of all stocks is a number from a few years back, should be worse now.from TIME magazine.&nbsp; it quotes:&quot;So where is middle-class wealth? Wolff finds that the majority of it remains tied to homes. That’s quite different from the wealth holdings of the very rich, whose assets are tied up in equities (whether as publicly held stocks or privately owned shares of businesses). For the richest Americans, a principal residence accounts for just 7.6% of their total wealth.&quot;now look up african and latino wealth and you will be shocked... they own nothing.<a href="http://time.com/money/5054009/stock-ownership-10-percent-richest/" target="_blank">The Richest 10% of Americans Now Own 84% of All Stocks</a>ill find another article as well.</blockquote>

[QUOTE="rickyb, post: 3348400, member: 56035"] i just read it and its exactly what i said. the 1% owning 75% of all stocks is a number from a few years back, should be worse now. from TIME magazine. it quotes: "So where is middle-class wealth? Wolff finds that the majority of it remains tied to homes. That’s quite different from the wealth holdings of the very rich, whose assets are tied up in equities (whether as publicly held stocks or privately owned shares of businesses). For the richest Americans, a principal residence accounts for just 7.6% of their total wealth." now look up african and latino wealth and you will be shocked... they own nothing. [URL="http://time.com/money/5054009/stock-ownership-10-percent-richest/"]The Richest 10% of Americans Now Own 84% of All Stocks[/URL] ill find another article as well. [/QUOTE]

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