Are we to blame?21 Aug 2020 07:46
By ‘we’ I mean private investors, and ‘new’ private investors
at that.
Just reading Chinese private investors have grown by 2.3m in the last few weeks.
Whilst a lot of us have clearly been investors a long time, but even the older ones are new to ‘app’, for example I have only starting using 212 since a month before lockdown.
Add the ease of use of apps to new money through furlough, bounce back loans possibly being used and time on our hands, some of which we’ve never had nor seen in our lifetime then no wonder there’s big jumps and leaps, and of course big falls.
Add the ‘old pro’s’ mm’s etc then no wonder it’s all over the place, it’s getting like the ‘dot com’ boom, everyone I talk to is playing the markets again.
I’m honestly hearing of new investors making massive gains, will it end in tears?