How Retail Investors Are Reacting to Getting Rekt
09/19/2022
Well, wasn’t that a fun week in the market? Stocks down 5% in five days, now 10% off the August high. All of this excitement begs the question: where are retail investors in all this?
The reaction has mostly been typical (read: dumb), but some interesting new data from investing platform Public paints a more nuanced picture. For example, older investors have been largely “meh” about the whole thing, while Zoomers are freaking. More on that below.
Make sure you smile for the camera as the rollercoaster ride continues.
Peace out.
Mike
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Retail Investors React to Getting Rekt
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Thanks to a new report from investing platform Public, we now have some fascinating, more nuanced data on how investors are reacting to getting shafted by the market.
Old People Don’t Give a Sh*t: Nearly one-third of investors over age 55 would like to add to their holdings over the next six months. Meanwhile, less than 14% of Zoomers plan to buy more.
SPACs Are Dead (and Clean Energy is In): Less than 4% of investors are interested in SPACs, while over half like clean energy and EVs.
Pain is the Best Teacher? Despite getting their faces ripped off, over 13% of Zoomers report having higher confidence in the market amid volatility—the highest proportion of any age group.
Public is a social investing app and partner of the Tycoonist. Join for free to follow my trades and receive up to $300 in free stock when you fund a new account.
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