‘Meme’ and tech stocks are crashing, so how are experienced investors hanging on?

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Daily News | ‘Meme’ and tech stocks are crashing, so how are experienced investors hanging on?

“Markets are challenging for everyone, but there is plenty of anecdotal evidence that the greatest losses seem to be accruing to the newest investors,” added Jakab, meaning those who began pouring in money in 2020.found that all the pandemic trading gains by retail investors have been wiped out as of Friday, May 6, even though broader stock market indices, which measure returns that accrue to a buy-and-hold investor, remain higher since January 2020.

In order for the Fed’s rate hikes to tame 40-year-high inflation, “the central bank needs an assist,” said Smith. For Haverford clients, “this market has been very helpful for our strategy of sticking with large-cap dividend-paying stocks,” he said. While the firm missed much of the run-up in energy, he sees bargains among companies such as BlackRock, JPMorgan and Nike.

 

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