Why the poor's investment of choice is so alarming

Rich people prefer productive companies while the poor prefer shiny lumps of metal. That's bad news.

Gold rush
(Image credit: David Paul Morris/Getty Images))

Gallup's poll on Americans' favorite investments always makes fascinating reading.

Every year, Gallup asks Americans to choose the best investment from the following choices: Real estate, stocks and mutual funds, gold, savings accounts and certificates of deposit, or bonds. In the years since the 2008 financial crisis and housing bust — after which Americans as a group briefly ranked gold as their favorite investment — real estate has once again swung back into favor:

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John Aziz is the economics and business correspondent at TheWeek.com. He is also an associate editor at Pieria.co.uk. Previously his work has appeared on Business Insider, Zero Hedge, and Noahpinion.