Skip to main content
Update
Non-financial boards have been closed.

Non-financial boards have been closed but will continue to be accessible in read-only form. If you're disappointed, we understand. Thank you for being an active participant in this community. We have more community features in development that we look forward to sharing soon.

Fool.com | The Motley Fool Community
Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
https://www.cnbc.com/2021/10/18/the-wealthiest-10percent-of-...

Article claims top 10% of wealthy own 89% of all stocks.

My first thought was…wouldn’t that be WHY they’re in the top 10? Because they own all that stock? I mean most people hold wealth via stocks, bonds or real estate. Given the huge wealth of the 1%…where is the wealth of Bezos? Amazon stock!

Is my logic off or are the article writers going in circles. I should become a journalist but probably wouldn’t succeed because too logical.
Print the post  

Announcements

When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.