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Stock Market
Fundamentals Always Matter
Ultimately reality sets in
Over the last two years we’ve had a tremendous bull market. Well, not the last six months, when we’ve been firmly planted in the a bear market.
But 2020 and 2021, was a glorious time for the stock markets. And it’s ironic because it was the time when fear gripped people’s lives and everyone thought the world was going to hell. Yet, governments doled out so much stimulus that people were actually better off than they had been in long time.
Enter the retail trader.
Interestingly enough, when people say retail trader, they almost always think it’s a young kid on TikTok or YouTube telling you to buy “stonks”. But, if you really follow the data, you’ll be surprised how many people actually withdrew their plans from managed money and decided to run their own stock accounts.
Perhaps fueled by the ease of online brokers like Robinhood and encouragement from the younger generation who posted 100% gains, even the older generation thought they could do much better are investing that the wealth managers in stinky old banks.
Unfortunately, most people missed the part where you need some degree of education about the stock market to be able to consistently make profits. People who’ve been…
