r/FluentInFinance • u/The-Lucky-Investor • 5d ago

$14,000,000,000? Discussion/ Debate

Post image
28.6k Upvotes

90% Upvoted

3.8k comments sorted by

View all comments

1.6k

u/Big_Satisfaction5547 5d ago

Stock Buybacks basically benefit all investors.

457

u/BeautifulFrosty2480 5d ago

The rich get richer

30

u/AirplaneChair 5d ago

It’s everyone with a 401k and a pension. Everyone who has a brokerage account and is investing in the market. Everyone whose employment depends on a strong broader market.

It’s a lot more than just the ‘rich’. But it’s easier to get karma from the commoners on Reddit to imply only the rich are invested and benefit from stock market returns

10

u/brycebgood 5d ago

93% of stocks are owned by the wealthiest 10%. The bottom 90% of Americans own a combined 7%. Stock buybacks benefit the rich.

0

u/Secure-Elderberry-16 5d ago

Because you idiots aren’t here buying securities. Jesus. Nobody is preventing you from doing that, other than you.

2

u/brycebgood 5d ago

I actually own a decent amount. I'm lucky to have the ability to do that. Most Americans don't to any real level.

2

u/numinos710 5d ago

I have a very healthy retirement account, doesn't stop me from pointing out obvious flaws... maybe do some self-reflection...