You are absolutely correct and perhaps I wasn't clear enough . The stock chasing within robinhood will perhaps get more frantic as the 5%+ gains in a day no longer materialise. These investors are used to getting big gains. Interest will wane as it gets harder to make money.
I'm hoping they turn to less traditional form of investing for this age bracket like gold ... now that could be the next run when a trillion dollars places a bet on the shiny stuff
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