If the percentage of your wealth tied up in individual stocks isn’t particularly significant, you’re not alone. In fact, researchers at the Visual Capitalist noted that there is a wide disparity between where those in the top 1% invest their wealth versus those in the bottom 80%. For the bottom 80%, their principal residence, or home, make up the majority of their net worth with stocks comprising just 6.8% of their wealth. However, the richest 1% has over 40% of their wealth invested in stocks, with their principal residence making up a mere 7.6% of their assets. As well, this tiny group of ultra-wealthy households earns 22% of total income, up from 8% in the 1970s. (Source: VisualCapitalist.com)
Stock Ownership by Wealth Bracket
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May 20, 2019