Opinion: Over the last few months, I’ve had many friends ask me if stocks such as Air New Zealand “are good shares to buy right now”. Many of them have never bought shares before.
This highlights to me just how real the current retail euphoria in stock markets is. It also prompted me to investigate the impact retail investors are having on markets right now.
So, what’s driving this meteoric rise of the retail investor? There are a few factors at play.
Pre-Covid-19, share trading by small investors was already percolating. The movement was being stoked by discount broking platforms and the onset of slick investor platforms that facilitate easy online trading.
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