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60% of Americans Own Stock: That's Still Too Low. Here's the Contrarian Case for Why It Matters.

A little over half of Americans own stock, which means that too many people are missing out on the wealth-building power of capitalism.

60% of Americans Own Stock: That's Still Too Low. Here's the Contrarian Case for Why It Matters.

Published September 27, 2026 · Category: Finance

Overview

In 2025, 62% of Americans owned stock, according to Gallup. This is something the pollster has looked at annually for years, with the percentage ranging between 52% and 62% over the last 25 or so years. While it is nice to see that a large portion of Americans have stock exposure, I think that number should be far closer to 100%. Here's why.

Warren Buffett, one of the world's most famous investors and former CEO of Berkshire Hathaway (NYSE: BRKA)(NYSE: BRKB), has long suggested that most people should just buy the S&P 500 index (SNPINDEX: ^GSPC) and call it a day. His logic is fairly simple. Investing in individual stocks is time-consuming, emotionally draining, and, frankly, difficult to do well.

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Originally published at www.fool.com.

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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.