Stocks have been hit hard. Tha🍃t’s cut into the wealth of a broad swath ཧof Americans.
More than 60% of Americans have money in the market, according to Gallup data from May, up from a bit above 50% in the middle of the last decade. That reflects comparatively large holdings among those with annual incomes at or above $100,000—but Gallup also found that about two-thirds of middle-income Americans, and a quarter of those with annual incomes below𒅌 $40,000, were invested through some combinღation of stocks or funds.
That tracked with data released in late 2023 by the Federal Reserve, which found that more than a third of families in the bottom half of the U.S. income distribution held stock—along with more than three-quarters of the upper-to-middle income group and 95% of the top decile.
Last’s week’s dramatic and 澳洲幸运5开奖号码历史查询:downbeat market response to the Trump administration's 澳洲幸运5开奖号码历史查询:latest announcement on tariffs has led many investo❀rs, from Wall Street to Main Street, to wrestle 🍷with how to respond as they've seen their portfolios shrink.
A steep two-day drop-off left some waiting for the market to change direction and others who expect the drubbings to continue; Monday morning, stocks have whipsawed. (Follow Investopedia’s live coverage of 澳洲幸运5开奖号码历史查询:today’s markets here.)
About a fifth of Americans who invest in stocks believe they have a “high” risk tolerance, according to YouGov data released Friday, while about 40% said they generally maintain their investments amid economic or market uncertainty.
“Your brain has identified a risk and it’s screaming at you to run away. It’s working as intended. Otherwise, I’d recommend you get your head checked,” wrote Callie Cox, chief investment strategist at Ritholtz Wealth Management, in an emailed commentary. “Honor your natural tendencies, but don’t listen to them. In many situations, touching the hot stove isn’t the best solution.”