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TopicStock Topic 28
Zachnorn
05/03/21 5:18:47 AM
#286:


Just going to point out that there were also a lot of new traders in the Dot Com Bubble as well.

I really do think that once things open up that a lot of the people playing with stocks are going to get bored with it and not be as active. Or they want to sell to take their gains to finance their activities.

There's real power in numbers. Retail traders can do great things, and GME, AMC, Dogecoin, and other meme stocks/crypto are evidence of that. But the average person is also fickle. I'm hoping that stocks aren't just a short term craze but I am considering the possibility that they are.

It concerns me that a lot of rich and powerful people are taking money out of stocks and putting it in real estate.

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