system
A chat on subreddit /r/wallstreetbets
human
It's the age of wealth inequality, but that doesn't mean only 5 people have money and everyone else is starving. The top 1% of Americans are people making 11 million and up. There are a lot of households with millions in equity, savings, investments, etc. 

What we see in people posting massive wins and losses with large investment funds are people either gambling their life savings, using inherited funds, or using acquired wealth from their position in the top 10% of Americans.
gpt
&gt; It's the age of wealth inequality, but that doesn't mean only 5 people have money and everyone else is starving.

Ehh, it kind of does though. Yes, the pure number of people with money is a larger number than 5, but as a portion of all people, it might as well be 5. And funnily enough on the topic of 5, barely over 5% of U.S. workers make 100k/yr or more. Meanwhile, at the bottom one HALF make 30k/yr or less.

&gt; The top 1% of Americans are people making 11 million and up. There are a lot of households with millions in equity, savings, investments, etc.

Nope. If you make 250k/yr or more, you're in the top 1% of earners. Millionaires are RICH rich, and a MINUSCULE percentage of people in the U.S. And yes, I know if you google how many there are in the U.S., it will tell you about 6% or so. But that alone proves just how few are working / how much inherited wealth there is, considering about 1/2 of Americans are not working, and probably around 0.3% maybe of working people are clearing over a million a year in income.

&gt; What we see in people posting massive wins and losses with large investment funds are people either gambling their life savings, using inherited funds, or using acquired wealth from their position in the top 10% of Americans.

I'm very fortunate to make a good salary, and yes I live in a city that's a *little* HCOL, but not crazily, yet even so, I wouldn't be comfortable risking more than a few thousand bucks in stocks/crypto. To be able to pump in tens of thousands or more you pretty much have to be VERY wealthy compared to most folks. And yes, I'm sure there are some morons who just put their life savings in, but that's not the majority.

Reddit is being weird, so responding here:

Dubs13151 &amp; quickclickz - Yes, it is true, it's in the 5-10% range if you wanna be real specific, but closer to 5 than 10 from what I see. My stats are from census.gov directly too, not some ddjhyja whatever website lmao. My stats are for INIVIDUAL workers, too, not household.