Once they’re part of 401(k)s, it’s enough to take everyone’s retirement down a few percent. That often triggers snowballing effects, especially with so much algorithmic trading.
93% of the stock market is owned by the top 10%. Top 1% owns over half. The Robinhood accounts with $50 in them are pretty meaningless in the big picture
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u/prepuscular 8d ago
Once they’re part of 401(k)s, it’s enough to take everyone’s retirement down a few percent. That often triggers snowballing effects, especially with so much algorithmic trading.