Description: If there’s one thing Americans should have learned from the recession, it’s the importance of diversifying risk. Middle-class households had too much of their net worth tied up in their homes and were too exposed to stocks through 401(k)s and other investments.
Date: Feb 14, 2013
Questions for Discussions:
- What explains the middle-class investor’s lack of risk diversification?
- How can this problem be solved via financial products, services, and changes by government?
- What does this report suggest for middle class future investment in stocks and housing?