Why Some Americans Buy Stocks and Others Don’t

Five years after the crash of 2008, Americans are sharply diverging across lines of income and education in their attitudes toward the financial system and experiences with it, the latest Allstate/National Journal Heartland Monitor Poll has found.

Down one path, most adults with college degrees are employing a wide range of financial tools with confidence that they are strengthening their family’s security, the poll found. Down the other, far fewer adults without college degrees are accessing these same tools—and many more of them are viewing the financial system with skepticism, hesitation, and even suspicion. Similar, if sometimes less pronounced, differences are evident across income levels, as well. CONT.

Ron Brownstein, National Journal

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