62% of Americans “own stocks,” mostly through retirement-program index funds. Nvidia is about 7% of the S&P 500, so it follows that most Americans do, in fact, own shares of Nvidia, whether they know it or not. If you have a 401k, you probably have to go out of your way to avoid it.
It’s a global issue, not a 62% of Americans issue. Tons of retirement funds outside of the US also invest in US indexes among others.
Before I moved my second pillar (tax-deferred pension system that gives you a tax discount if you don’t cash out before 55) out of the bank’s fund into the “pick your own” system, it was like 30-40% in American indexes IIRC.
do you not have any shares at all?
Of course not.
62% of Americans “own stocks,” mostly through retirement-program index funds. Nvidia is about 7% of the S&P 500, so it follows that most Americans do, in fact, own shares of Nvidia, whether they know it or not. If you have a 401k, you probably have to go out of your way to avoid it.
I’ll take this one for the team though.
So, shouldn’t it be discussed in the “62%Americans” community? Why “technology”? It is inner-US socio-economical theme.
It’s a global issue, not a 62% of Americans issue. Tons of retirement funds outside of the US also invest in US indexes among others.
Before I moved my second pillar (tax-deferred pension system that gives you a tax discount if you don’t cash out before 55) out of the bank’s fund into the “pick your own” system, it was like 30-40% in American indexes IIRC.
Why not? Every worker in Australia does and most of our retiree’s
It’s part of how we ensure we don’t rely on the government after retiring and end up like france
Do you? Recommend land. Soil doesn’t stop working after a solar flare.
Proof of ownership might.
Plus if enough people buy enough land and just sit on it, the price goes up a lot!
Surely nothing bad will happen
I live in Australia, our house prices are absurd and ridiculous, you’d fit in well
Property taxes are a bitch though.