Quote:
Originally Posted by ColdNoMore
Given that almost 49% of Americans own NO stocks whatsoever, in any form (pension/company/investment/other)...it certainly doesn't matter to them.
Stock Ownership (trade here)
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The Stock Market is an independent verification of how companies are performing. Good performance means more jobs and opportunities for everyone. Indirectly, people who belong to Unions, have company pension plans or have a job from small businesses who benefit from a good economy. University Endowments, invested properly, have huge gains from the stock market and many are using those gains to offer free tuition in California. For example, USC offering free tuition to students in families with less than $80,000 in family income. Without the recent gains in the Stock Market this would not be possible. There are many other examples of how the gains in the Stock Market benefit non owners of stock if you choose to look for it. Google will help but if your motives are not pure one might not want to find these facts.