Name:   architect - Subject:   Carlson Date:   4/24/2021 11:59:40 PM (updated 4/25/2021 12:05:12 AM)

Only 17% of Americans directly own shares of stock traded on the stock exchanges. The great majority of those do not actually manage and trade their stock but leave it to a money manager or investment advisor.

If you count all the Americans who own stock via mutual funds in a retirement account or pension fund the total goes up to 53%.  Of course many of these folks are not even aware they are vested in the equities market and have little or nothing to do with the management of these investments.  Believe me, these are not the folks MM Jason mind. 

I agree economics and investing/money management should be taught in schools including the fact that almost all aspects of the economy including GPD expansion, stock market performance and employment growth have performed better during Democratic administrations than Republican!

Now, tell me did your portfolio do better under the first 3 months of Trump or Biden?  For that matter did you do better between 2009-2012 or 2017-2020?