Follow the Astro.io blog for insights, product announcements, feature updates, and customer stories.
The first users are making their investments with the Astro.io investment app. Over the next few months, we’re opening the app to more users while implementing a series of unique features that make Astro.io the clear choice for the next generation of investors.
You, of course, can’t be caught in a bubble. You buy the stocks that your friends and everyone else are talking about. Everything feels so right. Investors certainly felt the same during the Dot-com bubble, the Roaring Twenties (1920s), the South Sea bubble, and the Tulip mania. The euphoria feels so exciting.
Rasmus & Astro.io team
New investors tend to chase the biggest bubbles. They are blindly chasing the same investments as their friends and everyone else. People chasing the same few investments is a time-bomb - it is a matter of time before prices reach a turning point and the bubble bursts.
We are witnessing one of the greatest bubbles in history unfold. Valuations in financial markets have reached extreme levels due to especially three factors 1) central banks, 2) passive investment funds (investment management buying typically indices at any given market price), and 3) individual investors (like you). Central banks are pumping immense amounts of liquidity (money) into financial markets. We are seeing historically high participation of individual investors and passive investment funds in investment activities.
As some of you know, we have embarked on a big mission: to help the next generation make better-informed investments by rebuilding the investment platform.
More insights to come...