> Autocratic Sam wrote: > Aren't the brokers the ones that call > their clients and say we need to dump some GOOG at 450 because
Yeah, like about 30 years ago. Here are the levels of modern investors that I've ever heard of: 1.) People that save nothing. This is the majority of America. 2.) People that have 401k, ROTHs, etc. These people all buy mutual funds, but usually can only pick from a few or don't pick them with any kind of strategy. The most they know is that they have a 401k or maybe they don't even know what a 401k is but they have one. 3.) People that #2 and have an AmeriTrade type account they use to buy and trade stocks they pick. 3b.) Moron "day traders" fall into this category. 4.) People that #2 & #3, know what an ETF or SPiDR is, and maybe dabble in options. 5.) People that #2, #3, #4, but are heavily into options. The know what a straddle, saddle, collar, call, and put is and use them daily. 6.) Really wealthy that pay for people to do #5. 7.) Institutional investors: hedge funds, mutual funds, pension funds, PEGs, etc. These are the major shareholders of just about any publically traded stock. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Message: http://www.houseoffusion.com/lists.cfm/link=i:5:194310 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5 Donations & Support: http://www.houseoffusion.com/tiny.cfm/54
