MarketWatch uses data from FinTech Collective portfolio company Openfolio to recount what investors bought and sold during August. Twitter, the 9th most popular stock among Openfolio investors, was the biggest wealth creator.
For most, it was a good month as three-quarters of investors managed to get out of a slow August with gains. The ones who made money did so with an average portfolio allocation of 10% cash, 44% stocks, 46% funds/ETFs. The 25% or so who lost went heavier in both cash and stocks.