Bloomberg "Anywhere" Remote Login Bloomberg "Terminal" Request a Demo

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Magazine

Just Who's In The "Investor Class"?


The term "investor class" used to conjure up images of full-bellied capitalists in corner offices. But the modern reality is that investors are everywhere. In 1980, less than 6% of Americans owned mutual funds. Now 69.2% of American families own their homes, and most people have other investments, too, from stocks to 401(k)s. A third of voters identify themselves as investors.

The Investor Class soared during the '90s boom when everybody from dot-com millionaires to cabbies in turbans was talking about their stocks. But even since the bust, its numbers continue to cut across income and education lines.

Republicans see opportunity in this growing bloc. "With $5,000 in stock, you become 18% more Republican," declares Grover Norquist of Americans for Tax Reform. No wonder President Bush has begun to roll out an Ownership Society agenda.

The very diversity that marks the Investor Class makes it hard to generalize about its political leanings. But these five investors in many ways typify the segments they represent.

By Richard S. Dunham in Washington and Ann Therese Palmer in Chicago


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus