About half of US households don’t have any retirement at all. Making their point that “shareholders” are a distinct class separate from the whole of the population.
> About half of US households don’t have any retirement at all.
...and the top 10% by wealth own 90% of the stock market.
So even among the half that do have retirement savings in 401ks and the like it is on average very little compared to how much the truly wealthy have invested.
I thought there were no rich swes anymore?
That's unnecessarily presumptuous.
Cloudflare is in the S&P500. If you have a 401k diversified in broad market indexes then most likely… you are a shareholder.
About half of US households don’t have any retirement at all. Making their point that “shareholders” are a distinct class separate from the whole of the population.
and sitll the US seems to be one of the biggest markets educated on "being a shareholder" im sure Europe has smaller percentage of them.
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This sounds like Elon’s IPO…I give you 0.000000000009% of my company for your whole savings account. Now have a part of the pie!
> About half of US households don’t have any retirement at all.
...and the top 10% by wealth own 90% of the stock market.
So even among the half that do have retirement savings in 401ks and the like it is on average very little compared to how much the truly wealthy have invested.
No, Cloudflare does not meet the criteria for inclusion in the S&P 500.
Interesting... I wanted to prove you wrong but it looks like you are right: https://en.wikipedia.org/wiki/List_of_S%26P_500_companies
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