Does the middle class not invest?

Middle class investor checking in.

I think it depends. Might not have the extra income, kids, bills. Not everyone is fortunate to have disposable income so to speak for that outside of a 401k match at work

We invest.

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Does the middle class not invest anymore? Why did this become something associated only with the ultra wealthy? Getting money diversified in the stock market as early as possible is one of the smartest things anyone can do financially and it really doesn’t even take that much to really gain steam over time as long as you keep at it.

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For one, the middle class doesn't really have a definition. It's used as a term to suit someone's rhetorical purpose. Middle class can mean anything from the median income range to simply the working class. It can mean average net worth or household income. All of these can be wildly different depending on who is doing the discussing and their purpose.

Secondly, there is significant wealth disparity in America between the ultra rich and those in the "middle class." Often when people talk about the investor class, I assume they mean those at the very upper echelon of wealthy Americans. When they invest, they are not building a portfolio like you are. They are exponentially increasing their money. Bezos for example has added billions and billions to his portfolio while most of America has experienced either a recession or worse, extreme hardship due to the pandemic.

Your nice portfolio is about securing a nice retirement. The investor class's portfolio is about establishing power and influence at both the cultural and government level.

Politicians and activists use these kind of statements to persuade voters. They see capitalism as an offense and despite the middle class being able to invest and have a nice, fulfilling life, they want to appeal to the emotions of the public and lead them to believe they are unable to invest in the market because of those who have more than them.

Anyways, you're exactly right. Anyone making any kind of money can save and invest. People choose to live outside of their means or expect to have more than they've worked for and then feel like they can't invest. They also don't understand what invest means and think the stock market is like betting on horse racing - a means to place money somewhere and see it turn into something big.

Don't listen to anyone saying the middle class doesn't invest and that there's a difference between an investor class and any other class.

Platinum truck nuts supersedes your silly investment suggestion baw

Do me a favor, go check out Gofundme. That will tell you all you need to know about the middle class saving and investing.

quote:

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Does the middle class not invest anymore? Why did this become something associated only with the ultra wealthy? Getting money diversified in the stock market as early as possible is one of the smartest things anyone can do financially and it really doesn’t even take that much to really gain steam over time as long as you keep at it.

Thoughts?

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Most people live well beyond their means. I'm 42 and have been trying to convince my wife we don't need a bigger house. Ours will be paid off in another 4 years or so and we will be debt free and her daughter will be out of the house but she still keeps talking about how she wants a bigger house. I finally told her that I am paying for this house, if she wants a bigger house she will have to make more money to pay for it.

Middle Class does, in fact save. In a 401K, or pension, or Simple IRA.

The difference is that the middle class tends to buy things before they have cash to pay for it. Ask those things tend to not generate income.

Wealthy people tend to spend money on things that generate new income streams. When the wealthy buy something like a boat, they pay cash, for example.

I yolo