I agree with what you are saying 90+% and yet instinctively I reach to respond about the other part :D

Rich people own stocks because a) they are dinosaur stupid b) they are propping up a house of cards c) that's the fad for their generation and they don't adapt well d) wealth inequality

Poor people don't own stocks because a) gamestop b) bitcoin c) because that would be retarded lol d) wealth inequality