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Originally Posted by IllSic_Design
I read/heard that hundreds of thousands of brokerage accounts were opened/started and trading volume also went up once stimulus checks started going out. Probably helping the market out a little bit for sure.
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I certainly believe this. The influx of people I know (myself included) who have started investing in the market solely because of COVID is astonishing.
There’s a lot of people who are afraid of the market, and for good reason, but this “crash” has certainly brought out the novice investor and allowed them to see this as an opportunity. I think it’s great that people are starting to invest, I really do, I just hope people are playing with money they can afford to lose.