Retail investing grew substantially in 2020 thanks to apps like Robinhood and the viral-like dissemination of “investment advice” all over the internet. We’re in a new era of investing altogether, and it’s primed to keep up it’s momentum of attracting new retail attention as information continues to spread. The power of the internet has met investing, and the internet can often be an unstoppable train.
We’re now in some version of a bear market/growth crash. Subreddits like r/investing can debate the technicalities all day, but it’s safe to say things have drastically changed in 2022.
So here’s my question: How does this cultural shift (many more retail investors) affect the market’s current situation and potential rebound or continued decline?
Before I post I’d like to give my best guess: No one knows and probably not much considering smart money still controls the market.
I still would like to hear your thoughts. Keep in mind I, like many others, have absolutely no idea what I’m doing ;D
Submitted May 12, 2022 at 10:35PM by NoIdeaWhatImDoing___ https://ift.tt/nod0rkm
