Why Millennials Suck at Buying Stocks

TD Ameritrade’s data shows that the dumbest investors are Millennials. They invest in the riskiest stocks, and don’t even know why. | Source: Shutterstock Every month, TD Ameritrade puts out a proprietary behavior-based index based on the stock trading behavior of its clients, called the Investor Movement Index, or IMX. There are some critical pieces…

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3 Massive Buy Orders Roil Stock Market Amid Rumored ‘Pension Buying’ Frenzy

The US stock market experienced another wild roller coaster ride on December 28 after three massive buy orders roiled Wall Street in late-afternoon trading. The Dow Jones Industrial Average closed at 23,062, down 76 points from the previous day’s stunning 800-point spike. Finance blog ZeroHedge opined that institutional investors — specifically, pension funds executing year-end reallocation…

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