The AAII Investor Sentiment Survey measures the percentage of individual investors who are bullish, bearish, and neutral on the stock market for the next six months; individuals are polled from the ranks of the AAII membership on a weekly basis. Only one vote per member is accepted in each weekly voting period.
Some how or rather this data makes me wonder if the survey is skewed because a few people are managing a larger portion of the money. they may be bullish while more are bearish.
Definitely not something to use to make a decision upon, considering the sentiments did reach a rather overly bearish proportion in 2008. Still its fascinating.
I think the take away is the market for the next 6 months. So its not like people are factoring a 10-20% correction and ending up higher.
People are thinking it will end up lower.
HatTip | The Reformed Broker | Read here
Kyith is the Owner and Sole Writer behind Investment Moats. Readers tune in to Investment Moats to learn and build stronger, firmer wealth foundations, how to have a Passive investment strategy, know more about investing in REITs and the nuts and bolts of Active Investing.
Readers also follow Kyith to learn how to plan well for Financial Security and Financial Independence.
Kyith worked as an IT operations engineer from 2004 to 2019. Currently, he works as a Senior Solutions Specialist in Fee-only Wealth Advisory firm Providend.
You can view Kyith's current portfolio here, which uses his Free Google Stock Portfolio Tracker.
His investment broker of choice is Interactive Brokers, which allows him to invest in securities from different exchanges all over the world, at very low commission rates, without custodian fees, near spot currency rates.
You can read more about Kyith here.