They did the same in January 2000 just before the dot.com crash.
For years, individual investors in the US have been a dreary bunch, as stocks soared relentlessly since bottoming out in 2009. But 18 months ago, in February 2016, they finally caught the bug, and now optimism has surged at a record pace. Optimism about the stock market in particular has reached the record highs established during the Dot.com bubble, just before it all fell apart.
H/t reader squodgy:
“Looks like time to jump in and buy stocks then….YAY!!!”
Yes, the best time to buy is when the small investors are BTFATH (Buy The Fucking All Time High)!!!
And what could possibly go wrong?
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