May 25 (UPI) -- A new survey finds U.S. stock ownership still remains below the levels seen prior to the 2008 financial crisis for all but older, wealthy Americans.
Prior to 2008, 62 percent of U.S. adults owned stocks as standalone investments or as part of a retirement fund such as a 401(k) or individual retirement account. In 2017, that number stands at 54 percent. The only subgroup where stock ownership is higher than it was in 2008 is Americans 65 or older with household income of at least $100,000, according to the annual Gallup Economy and Personal Finance survey released Thursday.