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i would believe this data. it puts a positive spin using this data - i would spin it the opposite.....
Nov 05 23:55 pm
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All Comments by Steven Hansen »Affluent Americans Lose Short-Term Investing Confidence [View article]
it says that only 20% bought something in the last three months. Only 20%? i even bought a little something and then dumped it. you cannot spin this to say the market is investible.
and i personally believe at least 54% of investors are dead from the neck up. those are the ones who did nothing while the market gave them a pretty nice haircut. we need people like this to sell bridges to.