me: >> that's true, but rich people are more likely to own stocks than bonds
Max: > Really? I realize you *get* rich from windfall capital gains and fancy > manipulations with stock, but of those who are rich, is it a fact that they > hold more in bonds than equity? I believe it goes both ways (so that the rich accumulate riches). But I'll let someone whose thumb is on the empirical pulse answer this question more completely. Doug? -- Jim Devine / "Nobody told me there'd be days like these / Strange days indeed -- most peculiar, mama." -- JL. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
