Retail Traders Lose $350 Billion in Brutal Year for Taking Risks
- Average retail portfolio is down about 30% this year: Vanda
- Sharp drop for Tesla, Apple could deter dip buying habit
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Investment portfolios belonging to retail traders suffered a $350 billion blow this year as big bets on risky stocks and former high-fliers like Tesla Inc. backfired for the mom-and-pop set.
The average active amateur investor’s portfolio is down about 30% in 2022, according to data compiled by Vanda Research, which studies self-directed retail traders globally. By contrast, the S&P 500 Index has lost 17%.