I think the headline is misleading. Only 12 percent flatly said they couldn't pay for the expense. The 40 percent includes everyone who would take on debt and pay it off over time (i.e. not immediately in the next cc statement), or else sell something. People who choose to live right at their level of income would included, regardless how high that income is, and even when it is possible for them to make adjustments when surprises come along.
The survey also found 75 percent of people responded they were living comfortably or "doing ok".
The thing is there are were a lot of dot coms back then and no one really knew which one would have been the next Amazon. The entire push behind diversifying one's income is to ensure that people who don't have lots of $1000's to spare don't lose $1000s investing it behind few stocks.
If you know the future. Tells us a few stocks where investing $1000 today would give you a million in 2 decades.
I feel as if this opportunity is past us. Any company with the potential for that amount of growth is going to get bought out by multi-billion $ corps to further increase their already out of reach stock prices.
"144 ICOs Launched During 2017 Failed Last Year" https://news.bitcoin.com/144-icos-2017-failed/
Do I really need to illustrate how dumb it is, the idea that the stock market and cryptocurrency are the cure to poverty?