During the level 4 lockdown, for the first time ever amateur investors were more active on the stock market than professional investors.
It's largely down to the easier access brought by new trading platforms. Investment managers say KiwiSaver's made us more aware of shares and the market's been all over the news.
Between February and May last year there were only about 14,000 retail purchases each week.
But this year during the level 4 lockdown, amateur investing absolutely skyrocketed to 214,000 in the second week of April.
But while the amateurs are trading more, data shows they're still spending comparatively much less in that April peak - they spent a fifth of what wholesale investors did.
https://www.newshub.co.nz/home/money...-lockdown.html