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vinayak g asked in Business & FinanceInvesting · 1 decade ago

I want to know how many people in USA invest their savings in capital market their percentage?

To find out how many of them really incurred heay losses due to volatility and other reasons like recession, slow down of economy,

sub-prime mortgage problem etc.

4 Answers

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  • Anonymous
    1 decade ago

    I would say most people are heavy in debt and don't invest personal money in the stock market BUT most also have a 401k retirement plan with their employer or some type of IRA. The biggest problem in the U.S. for quite a long time has been lack of personal financial responsibilty. I've read that the average American has over $3k credit card debt...and they're paying upwards of 20% interest on that debt. Then during the housing boom they were using their homes like ATM machines (debit machines) and getting loans from banks and going deeper into debt. Now that home values have collapsed people are screwed and upside down in their mortgages and the banks basically stopped lending so everything is coming to a halt. It's really frightening. The sub-prime fiasco was just the beginning of the nightmare. I've read that there's something like $55-$75 TRILLION in bad loans floating around out there...and there's no way to "fix" the problem. The gov't is just printing money like crazy and trying like hell to come up with bailout solutions but it's literally impossible. Soon our inflation is going to skyrocket, our bond market will collapse, our US$ will implode, and gold will skyrocket. It's inevitable and the gov't knows it but most Americans are too naive and have no clue. They believe the bullchit.

    I've done my homework and I know it's dire and I'm taking necessary steps like investing in gold.

  • 1 decade ago

    I can only tell you about me, I have suffered around 20% decline in net worth, much of that due to buying this dip on margin. I actually leveraged too soon in some areas, but it's my part to stabilize the markets.

    Some price declines of individual issues have been substantially worse, like GM. Most people I've talked with are around -25-30%. A little more than the indexes. I guess it depends on how you look at it.

    I'm semi-retired, so my entire source of income is in the markets. There are less than 1% me's in the world.

    Source(s): former NASD Principal
  • 1 decade ago

    Go to the following website for the study - Equity Ownership in America.

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