58% of Americans Own Stocks, But the Median Bottom Half Holds Just $12,600

The Federal Reserve’s 2022 Survey of Consumer Finances delivered a headline that sounded like progress for ordinary households: 58% of American families now hold stock either directly or through retirement and mutual fund accounts, up from 53% in 2019. Direct ownership of individual shares climbed from 15% to 21% over the same period, the largest … 58% of Americans Own Stocks, But the Median Bottom Half Holds Just $12,600