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Mutual funds aren’t without risk. by EricCartman

I get that the initial focus has been on fast returns. That’s the nature of equity investors. They trade stocks because that’s where the money is. They aren’t interested in grinding out 8% a year in a large cap value fund. They want tendies.

That said, none of this is new. The only difference is the method used to trade. It’s gone from calling your broker, to using your modem via AOL, to trading online, to app based trading.

What we should be concerned about is why so many people feel left out and feel that they need to yolo to survive. But that’s a different conversation.