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Re:93% of U.S. households' stock market wealth is held by th... by dwallin on Thursday January 11, 2024 @04:13PM (#38959155)
The choice of 10% is extremely peculiar.

Top 1%: 40% to 54% -> +14%

Top 10%: 77% to 93% -> +16%

Top 10% minus the top 1%: 37% to 39% -> +2%

Essentially this was all the top 1% and the rest of the 10%ers barely budged in ownership percent. I'd be curious to see the results for top 0.1% and 0.01% as well.

Re:93% of U.S. households' stock market wealth is held by th... by chollida1 on Thursday January 11, 2024 @04:59PM (#38959858)
Good points made but you linked to corporate bonds held

> [edit] Found the source numbers:

> 50-90% https://fred.stlouisfed.org/series/WFRBSN40172

> 90-99% https://fred.stlouisfed.org/series/WFRBSN09145

> 99-99.9% https://fred.stlouisfed.org/series/WFRBS99T999258

This is the series I think you want.

Share of Corporate Equities and Mutual Fund Shares

Re:93% of U.S. households' stock market wealth is held by th... by georgeecollins on Thursday January 11, 2024 @05:12PM (#38960062)
Can some smart person here help me understand what this means in terms of average holding value per household? Like how much stock market wealth does the average household own? What's the average amount of stock market wealth held by the first, second, third and fourth quadrille?

If 93% of stock market wealth help by the wealthiest 10% represents $10k, that means something really different than if it represents $1m. Comparing percentages can be really confusing, particularly when talking about wealth.

Re:93% of U.S. households' stock market wealth is held by th... by falserum on Thursday January 11, 2024 @05:42PM (#38960479)
> If 93% of stock market wealth help by the wealthiest 10% represents $10k,

Assuming Us has round 300k population.

My understanding: lets say whole market is worth 1Gz, i.e. sum(share*sharePirce) over (all shares in all companies) is 1 gadzilion, so 10% of population (30k) combined own 0.93 gadzilion. While the rest (270k), share 0.07 Gz of market.

on avg per person 0.93/30=0.031Gz 0.07/270=0.00025Gz

(On average, poorer 9 deciles are poorer by a factor of two)

Re:93% of U.S. households' stock market wealth is held by th... by cyanydeez on Thursday January 11, 2024 @06:02PM (#38960768)
it's clear to me that Americans were sold economic slavery on the conditions that economics keep minorities in check .
Re:93% of U.S. households' stock market wealth is held by th... by EVa5I7bHFq9mnYK on Friday January 12, 2024 @07:08AM (#38967138)
I understand those figures don't include 401k, pensions etc, only stocks and funds hold directly by the households. If you include those, plus real estate, plus accrued Social Security rights, plus Medicare rights, plus inheritance rights etc, the real wealth distribution is a lot more equal.