16 June 2019

Survey: Most Americans Ignoring Stocks

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Nearly three out of four Americans continue to shun stock markets, according to a new survey released Monday.

Despite tiny interest returns on savings accounts and CDs, and stock market returns that topped 30% last year, U.S. investors aren’t returning to trading exchanges, says the survey by Bankrate.com, an online aggregator of financial rate data.

The survey found similar results across all income levels and age groups, the company said.

“Americans may be avoiding the buy-high, sell-low habit seen in previous market cycles, but only because they’re not buying at all,” said Greg McBride, the company’s chief financial analyst.

Click here for the full article from USA Today – Money.

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