Household Stock Allocation hits highest ever - 41%

Individual investors are holding more stocks than ever before as major indexes climb to fresh highs. They are also upping the ante by borrowing to magnify their bets or increasingly buying on small dips in the market.

Stockholdings among U.S. households increased to 41% of their total financial assets in April, the highest level on record. That is according to JPMorgan Chase & Co. and Federal Reserve data going back to 1952 that includes 401(k) retirement accounts. JPMorgan’s Nikolaos Panigirtzoglou, who analyzed the data, attributes the elevated allocations to appreciating share prices alongside stock purchases.

This will end well…

Glad to see people investing … hopefully it is not done recklessly. Cannot read the full article.

That’s the key hah.

Investing is 50% economics, 40% psychology, and 10% crying yourself to sleep.