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According to a recent survey from Bank of America, individuals aged 21 to 43 with at least $3 million in assets only have 25% of their portfolio invested in stocks.
As of 2013, the top 1% of households owned 38% of the stock market wealth. As of 2013, the top 10% own 81% of the stock wealth, the next 10% (80th to 90th percentile) own 11% and the bottom 80% own 8%. The Federal Reserve reported the median value of stock ownership by income group for 2016: Bottom 20% own $5,800. 20th-40th percentile own $10,000.
This list of members of the United States Congress by wealth includes the fifty richest members of Congress as of 2018. It displays the net worth (the difference between assets and liabilities ) for the member and their immediate family, such as a spouse or dependent children.
Affluence in the United States has been attributed in many cases to inherited wealth amounting to "a substantial head start": [8] [9] in September 2012, the Institute for Policy Studies found that over 60 percent of the Forbes richest 400 Americans had grown up in the top 5% of households. [10]
The top 10% richest American households had an average of $8.1 million in all assets put together, which may include real estate, cash value life insurance, savings bonds etc.
If your savings has been fully invested since fully invested since the 2008 Global Financial Crisis, you’re sitting pretty — an investor with only 10% or 20% of their portfolio sitting in cash ...