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A comment on The wealthiest 10% of Americans own a record 89% of all U.S. stocks. Parent comment

Re:The wealthiest 10% of Americans own a record 89% of all U... by noahtallen on Monday October 18, 2021 @11:55AM (#28906864)
If it was that risky, they wouldn’t have these assets. People have investments because they understand cash alone won’t grow. Someone like Jeff Bezos has most of his wealth in Amazon stock partly because he perceives Amazon stock as better than cash. (Which is a very good analysis. Even a huge crash in stock value would still outperform cash by a huge margin over time.)

If these assets were very risky or likely to cause a portfolio to never grow, the rich would absolutely not be utilizing them as much.

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Re:The wealthiest 10% of Americans own a record 89% of all U... by crate_barre on Monday October 18, 2021 @12:19PM (#28907191)
It’s also just a simple strategy to avoid the tax burden until necessary.
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Re:The wealthiest 10% of Americans own a record 89% of all U... by lexapro on Monday October 18, 2021 @11:59AM (#28906915)
Yes, in the long term cash is much riskier than stocks.
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