Be the Smart Money

On Being "Greedy While Others are Fearful"

The rich don’t panic, they position. While retail investors sell in fear, the wealthy buy the dip. Every market crash transfers wealth from the emotional to the strategic. Pay attention. Moves are being made.

Wealthy individuals are rushing into US stocks: Affluent and high-net-worth investors’ inflows to US equities hit 2% as a share of BofA’s assets under management (AUM) last week, the third-highest on record. This follows the fourth-largest outflow seen in the prior week, at ~1% of AUM. Such a surge in purchases has not been seen for 2.5 years when the group's inflows hit 6% of AUM in September 2022, near the bottom of the bear market. Recent inflows were also just shy of those posted in January 2021. High-net-worth individuals are adding stocks to their portfolios as the S&P 500 has recorded its fastest 3-week decline since 2020. Wealthy investors are deploying cash.

*(NOTHING HERE IS INVESTMENT ADVICE. DYOR!)*