Friday, January 31, 2014

Do yourself a favor: Care less about the stock market - David Weidner's Writing on the Wall - MarketWatch

Do yourself a favor: Care less about the stock market - David Weidner's Writing on the Wall - MarketWatch: "The market is really just a yardstick of our confidence, right?

Actually, no.

That’s because most of us who own stocks don’t hold much and most people don’t own any stocks at all.

How is the market a reflection of this silent majority?

The reality is that stocks are not only owned by a minority of Americans, but by a minority of that minority – and a very wealthy minority at that."



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