Why You Need to Invest to Save Enough for a Secure Retirement
Just over half of all Americans owned stocks in 2019, according to a Gallup poll. Unfortunately, 35% of Americans don't have any equities and thus have no exposure to the market.
With the stock market experiencing major ups and downs in recent weeks due to the COVID-19 pandemic, it may seem odd to read an article that laments the fact more Americans aren't invested. But even in times of economic uncertainty, and even when the market falls, investing in stocks is still your best bet if you want to build wealth.
In fact, it is very difficult (and perhaps impossible) for the average person to build a big enough nest egg without putting a substantial amount of money into the stock market.
Source Fool.com