Question of the Day: What percent of investors think the stock market is "rigged" for individual investors?
Hat tip to Todd Mora for suggesting this question.
- Why do you think that a higher percent of investors think the stock market is rigged when compared to non-investors?
- Do you think the stock market is rigged? Explain.
- Are you surprised to learn that on average over the last 10, 30 or 50 year periods the stock market's average annual return is 11-13%?
Behind the numbers (Bankrate):
The survey shows that 56 percent of investors either strongly agreed or somewhat agreed with the statement “The stock market is rigged against individual investors,” compared to just 41 percent of non-investors. Overall, 48 percent of American adults either somewhat or strongly agreed with the statement...
The Bankrate survey revealed that more than 39 percent of American adults had no money invested in the stock market either before the pandemic or currently.
“32 percent of Americans not invested in the stock market say it is because they don’t understand stocks,” says McBride. “Being a stockholder means being a part-owner and being able to share in the future profits of the firm.”
Play the award-winning NGPF Arcade game, STAX, and learn about the benefits of investing in index funds and not trying to "beat" the market.
About the Author
Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.
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