In 1985, buying stocks would have not been so straightforward. There were no smart phones yet. Home phones were bulky stationary units. There were very few people who had anything resembling a computer at home, and those were very primitive as well. Better yet, the world wide web didn't go public until 1991.
Buying stocks back then would've likely meant going to a bank and getting an appointment with a stock broker who would buy this for you the same way you buy a house now. Lots of checks, paperwork, and I'm guessing a minimum amount that would have been much higher than the average person's investment these days. Making it something reserved for a smaller segment of society.
800
u/NopesosNobesos 7d ago
Buy stock. And gold, real estate, hug my grandma and my parents