I have done a little volunteer work at a Charleston SC dog shelter where I have witnessed firsthand and I was also told that many families give their pets away, including dogs, as they can’t afford them. I also read articles or see news stories on this topic from time to time. The fact is that any pet, including dogs, are costly to raise.
As we have reported, about 50% of Americans own stocks, which is down about 11% over the last 10 years. Most of that reduction in ownership is that people fear that they will lose money if they invest, such as what occurred during the great recession of the late 2000s – early 2010s.