Money to burn: the year of investing dangerously is not ending any time soon
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By Erin Griffith
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All year, amateur investors, propelled by a social media frenzy and a bit of boredom, have poured money into risky forms of investments like meme stocks, SPACs and bitcoin.
With the pandemic easing in the United States and the country reopening, many market watchers expected the investment world to return to something resembling normalcy.
The biggest driver of risky investment manias has been a surplus of cash in people’s pockets.
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