450,000 new investors registered on/by the ASX in the last 18 months if I recall rightly?
Many, have only just learnt about the pitfalls of CGT on profits within a 12 month period.
I expect a lot of volatility while so many treat the ASX as a casino but it will settle as those that keep going all in... Dry up.
And at the risk of sounding like a d*^k.
Warren's not wrong. Quote "the stock market is a device for transferring money from the impatient to the patient".
I say "let em".
450,000 new investors registered on/by the ASX in the last 18...
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