Dear Prep Lounge Community,
I was wondering how you would approach the following market sizing question:
How many people are in the UK, with a wealth of 250k - 2 Million, who would be willing to invest in the stock market?
I think it's quite a challenging market sizing exercise because if one goes over the salary since you also have to come up with a saving formula. Would be interested to hear how to you would simply your approach without being too inaccurate.
Many thanks and kind regards,
Nicola