Quote (WizardKiller @ Nov 3 2023 09:16am)
What a time to be alive. Unlike the generations of investors/speculators a few decades ago, we have the capability of managing numerous portfolios in the palm our our hands. It makes me wonder how many more people are involved in the market because of the convenience, being in the information age of internet, etc. Maybe this explains some of the enthusiasm and performance (that maybe shouldn’t be).
Yet for the last 10 years despite how easy it is to be involved, the number of 401k contributors is the same, a paltry 30-35%. A testament to how financially illiterate the average American is
Retail is more focused on options lottery tickets and timing the CR4SH than it is dollar cost averaging over time
If anything retail and consistent bearish bets have given fuel to longevity in recent years