Naturally, wealthy households are clearly in a much better position to follow the maxim of only investing money in the stock market that you do not need in the short term. Yet that does not mean that direct shareholdings and mutual fund investments are the preserve of the rich.
In particular, medium-income families and individuals, who are typically savers, are missing an opportunity to diversify their investment income. BIS central bankers’ speeches  3  So this raises the question: why do 86% of Germans turn their back on the equity market? On the one hand, I think this is one of the lingering after-effects of the bursting of the New Economy bubble.