Quote:
Originally Posted by dyna mo
yeah, no. most Americans don't have a 401k or stock portfolio at all. the stock market rise and impact was a trivial impact on my start-up, maybe ~3% at the most. in fact the stock market rise had very little impact on most Americans.
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38% of the total workforce have a 401k and 52 percent of U.S. adults owned stock in 2016. There are a lot of people that are effected by the stock market.