You not only have to have money to invest, you have to have the further means to be able to leave it there for the long term.
I'm middle class and about 18 months ago finally moved some modest savings (5 figure amt) into a robo-advisor controlled account. It's basically been flat the entire time, and is now up 1.4%, not even beating inflation over the same time period. Now, I get it, patience is everything. But it's definitely pretty detached from reality to blame poor people for their bad financial literacy in not having tens of thousands to drop into "investments" when this kind of thing is the reality even for those of us that do.
I'm middle class and about 18 months ago finally moved some modest savings (5 figure amt) into a robo-advisor controlled account. It's basically been flat the entire time, and is now up 1.4%, not even beating inflation over the same time period. Now, I get it, patience is everything. But it's definitely pretty detached from reality to blame poor people for their bad financial literacy in not having tens of thousands to drop into "investments" when this kind of thing is the reality even for those of us that do.