More than half of individual investors think the stock market is rigged against them, survey finds

It be now not investing that’s considered skeptically, or now not it is miles the scheme.

Better than half of (56%) of of us that secure money in shares mediate the market is rigged against particular person investors, according to a survey from Bankrate. That’s compared with 41% of non-investors who sigh the identical factor.

“A part of it can well also have to discontinuance with expectations,” talked about Greg McBride, chief financial analyst at Bankrate. “More recent investors shall be attempting to rating broad positive aspects or time the market and the percentages will now not be for long-time duration success with these endeavors.”

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On the identical time, he talked about, retail investors secure considered hedge funds and varied sophisticated or wisely off investors treated otherwise, comparable to getting early accumulate admission to to preliminary public offerings and better commerce execution.

“More recent investors are seeing these items, and that can sow the seeds of doubt about the integrity or equity of the markets,” McBride talked about.

The pollof 2,525 U.S. adults became taken in dumb February, a pair of month after a runup in so-called meme shares, including Gamestop — whose portion tag peaked at $347 on Jan. 27 after trading at about $31 two weeks earlier. The surge became attributed to an military of Reddit investors forcing hedge funds that had been banking on the inventory losing — is named short-selling — to as a replace engage shares at an even bigger tag.

Amid the frenzy, Robinhood, the standard trading utility old by particular person investors, restricted trades in Gamestop and some varied shares. The firm became accused by its customers and lawmakers of defending hedge funds that had been short sellers of these shares. Robinhood talked about the transfer became made to meet regulatory requirements applying to financial reserves, now not to support any explicit community of investors.

The Bankrate survey additionally explored how americans are investing now versus before the pandemic. 

“What we noticed became that Reddit customers had been twice at bother of be investing more in its build of much less, compared with before the pandemic,” McBride talked about.