Written by Emily Sherman | Stacker
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According to the Federal Reserve’s most recent Survey of Consumer Finances, almost 53% of American families have money in the stock market—the most common form of investing. This is up from 2010 when just about 50% of households held stock. In addition, about 4 in 10 Canadians hold equity in the U.S. stock market, according to the Ontario Securities Commission.
In all likelihood, these numbers will continue to grow as a more diverse group of people begin to try their hand at investing. New products and services make investing—and learning how to do it successfully—more accessible than ever before, while trends in industries like cryptocurrency attract a different audience to the playing field. But amid this shift, there are also newly available—and risky—strategies.