Flopper
Diamond Member
If you have no rebuttal other than insults, there is no point in continuing this thread.dude, now you're just jealously spewing nonsense. LOL. you are a hopeless fk.with a crystal ball and all you see is glass.Since most Americans have little or no money invested in the stock market, changes in stock prices are of little or no benefit to them. Those that see the big benefits in bull markets are the top 20% who own 92% of the stock.so that's little benefit? I have a different definition than you. that's 100 Million families.Not so. According to data from the U.S. Census Bureau, only 32% of Americans are saving for retirement in a 401(k) Even worse, 71% are under funding their retirement.dude every 401K benefits and that's more than half the country. why do you lie so fking much?There's another reason. Most Americans don't benefit from record stock market gains because they are either not invested in the stock market in any way or their investment is so small, that they hardly even notice any change in value.
Trumps has been taking credit for the booming stock market and his tremendous tax cut. Well, it's certainly been a bonanza for the Trump organization and his billionaire club that helps him run the goverment but for most Americans the market boom will be of little or no benefit and the tax cuts for the middle go away in a few years but not the cuts for Trump's billionaire club which are permanent.
Does the Average American Have a 401(k)?
The value of a booming stock market is indirect for most people. It certainly has a positive effect on the economy by increasing the overall expansion of business but most people are unaware of that.