Hosts of Olukorrast riigis talked about the dangers of people taking their second pension pillar assets to the stock exchange.
Indrek Lepik described what recently took place on the U.S. market where manipulation of the GameStop share price yielded fat profits for some, while it also bankrupted a lot of people. In short, what happened was what always happens – it is very easy to promise people they ll get rich quick at the height of a bubble. Investing has become very popular in Estonia and we will soon have 100,000 people who have decided to cash in on their pension savings, Lepik said. I m afraid that a lot of these people will see similar get rich quick opportunities, pour their money in there and end up losing it, he said.