This is what rich investors were doing with their cash as the market plummeted

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Ultra-wealthy investors were big buyers and sellers of stocks in late March and early April, suggesting that the wild market swings brought on by the coronavirus pandemic have created opportunities for those with ready cash.

Investors with at least $15 million in investible assets were four or five times more likely than other investors to buy and sell stocks between mid-March and the first week of April, according to a survey from Spectrem Group, a wealth research firm.

By comparison, only 7% of less-wealthy investors — those with $100,000 to $500,000 in investible assets — bought stocks during the three-week period. And only 9% sold stocks, while 80% did not make any changes. "Similar to the investment actions taken during the economic crisis, the wealthiest investors view the current market volatility as an opportunity to take advantage of lower market levels to purchase equities," said George Walper, president of Spectrem.

By risking more, the wealthy may also lose more — at least in the short term. Fully 30% of investors with $15 million or more said they had "lost a significant amount" of their net worth, and 44% said they had lost "a fair amount." Among affluent investors — or those with between $100,000 and $500,000 — only 22% said they had lost "significant amounts" and 27% lost "a fair amount.

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Obviously with this kinda of activity they are taking advantage of the market before the collapses. Watching companies real time u can see the essential stocks. Trump n his elites are crooks.

No shit?

Ultra wealthy investors always buy and sell large amounts of stock. That’s why they are ultra wealthy

There will be another opportunity in the near future for Main Street investors. Dow 10,000... they can’t fluff it up forever!

And could even be inciting it ..

And you are so right trump and them Republicans looking for more death to cash in but down playing it and then wants to lie and blame the Democratic playing blame games when it’s really them.

It had everything to do with wealthy investors trying to make some fast money and nothing at all to do with the economy.

Big opportunities will be here in a few weeks. Dow 5,000.

Amazon and Tesla as well as oil (up 40% from low) have been awesome in terms of returns.

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