Retirement plan: Buy the stock market dip + Ukrainian professors are teaching from the frontlines
Cratering equity markets are reeling in amateur investors: Retail investors are buying the dip in US equities — even though it’s unclear whether markets have fully bottomed out — as they signal more willingness than institutional investors to be patient on pocketing returns, the Wall Street Journal reports, citing individual investors. Case in point: Individual investors have bought around USD 25 bn of US-listed stocks and exchange-traded funds each month between April and June, soaring from an average USD 3 bn in 2Q 2019. That’s the biggest monthly sum recorded by Vanda Research since its tracking in 2014. The jump comes as institutional investors are fleeing equities, with JPMorgan & Chase putting the selloff at USD 258 bn this year. The difference is that, while institutional investors look to make returns in the short-term, amateur traders are looking at the nosediving market as a chance to invest for the long run.
From the (educational) frontline: Fighting in the war against Russia has not stopped some 900 Ukrainian teachers and professors from remotely teaching their students from the trenches, the BBC reports. Ukrainian professor Fedir Shandor, for example, tells the BBC that since joining the army in February, he has continued to teach tourism and sociology courses twice a week from his phone — and has even taken the chance to educate his pupils about different missiles and trench warfare. The result? Attendance levels are at an all time high. Students who used to skip classes are turning up to every online class of his, and have become accustomed to the sound of whistling bullets and to hearing shelling in the background.