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In reply to the discussion: Poll: How many DUers have a 401k or IRA [View all]Yo_Mama
(8,303 posts)69. I don't know if it will help you
but supposedly a bit over 54% of the US has stocks according to this 2011 survey:
http://www.gallup.com/poll/147206/stock-market-investments-lowest-1999.aspx
A lot of them have not very much in stocks, because a lot of those accounts are very small. The distribution of who owns stocks is not even at all, as you would expect:
Eighty-seven percent of upper-income Americans -- those making $75,000 or more annually -- own stocks, as do 83% of postgraduates and 73% of college graduates. Sixty-four percent of Republicans hold stocks, compared with half of Democrats and independents. Men are more likely than women to be stock owners. Those aged 50 to 64 are the most likely of any age group to say they have money invested in the stock market.
But of course younger people are vastly less likely to have these types of investments.
Here's another article about distributions of total savings and investments, which would include stocks:
http://allfinancialmatters.com/2010/03/29/77-of-american-workers-have-less-than-100000-in-savings-investments/
54% of have less than 25K in total savings and investments. Another 23% have between 25K and 100K. Only 22% have over 100K in total savings and investments, which includes savings accounts, IRAs and stocks and bonds.
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I used to before I retired. But if I had had to rely on just that, I'd be eating out of
CTyankee
May 2013
#43
Feel free to ask questions in the DU Personal Finance and Investing group.
Common Sense Party
May 2013
#52
Another interesting question; if u have one, how much do you expect have saved before using it?
geckosfeet
May 2013
#14
Yes. Good poll. But the more you have in funds, the more exposure you have to market fluctuation.
geckosfeet
May 2013
#29
I was under the impression that IRAs were generally invested in the same things as 401Ks...
LooseWilly
May 2013
#68
With the miniscule interest being paid on bank deposits, there aren't many places for people to put
Nimajneb Nilknarf
May 2013
#48
Non profits. Usually it's educational institutions and hospitals, mostly.
Common Sense Party
May 2013
#60
I have a savings account at my local Credit Union, & a tiny cabin with 10 acres I own free & clear.
scarletwoman
May 2013
#65