Conventional Wall Street wisdom says inflation is bad for growth and technology stocks. Many small investors don’t care.
Individual investors continue to stampede into shares of growth companies, the types of buzzy stocks that have enjoyed explosive price gains this year. Advanced Micro Devices Inc., Nvidia Corp. and Apple Inc. are the three stocks most purchased this month by individual investors, according to VandaTrack, a Vanda Research flow tracker that measures net purchases.
Retail usually ends up holding the bag.
I'm a value investor period. Growth stocks well crash the hardest when interest rates rise. Most value stocks will decline but not crash and will fare much better in the long run.
TheMotherOfAllBubbles WealthTransfer ⏳ MainStreetBagHolders ⏳ Main Street’s equity positions are collateral for Wall St’s derivatives & total return swaps. Few understand sadly, but they’ll learn the hard way soon enough. 📉