The Issue
Wealth inequality is a major global issue – the richest 10% of the world’s’ population hold some 75% of all wealth. One important factor is stock market participation. Over time and on average, stock market investors, long term holders of index tracker funds for example, end up wealthier than those who put their money on deposit. Yet, despite the proven benefits, many people are reluctant to invest in the stock market.
Continue reading Wealth inequality: Parental influence on attitudes to financial risk taking