Apr
13
More Americans Are Out of the Market Than In It
ByNearly seven years after the Panic of 2008, and six years after a massive rally started, more Americans are out of the stock market than in it, according to a new survey from Bankrate finds, and for younger investors the numbers are even more lopsided.
About 52% of Americans are not investing in the stock market, the survey found, and it’s not necessarily that they still don’t trust the market. Of the ones that are out of the market, only 9% said they weren’t investing because they didn’t trust stockbrokers; another 7% said they weren’t invested because stocks are too risky. A bigger chunk, 21%, said they weren’t investing because they didn’t understand the market…
More Americans Are Out of the Market Than In It
