Most individuals with average wealth choose to save their money using a financial intermediary such as a

Question:

Most individuals with average wealth choose to save their money using a financial intermediary such as a bank or a mutual fund. However, individuals with greater wealth are more likely to invest in individual or directly in new or existing businesses. Explain why persons of different wealth are likely to show differences in how they save, and how financial intermediaries play a role.
Stocks
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing...