Openfolio, a site on which investors share information about themselves and their investments, most Americans didn’t meet that low threshold. Only one-third of investors made money on the year, according to Openfolio, and the average American lost 3.1%.
There are some notable regional differences in this data, too: perhaps not surprising, given it’s the seat of Wall Street, the Northeast did the best over 2015 with an average decline of 1.7%. More interesting: The Southeast did the poorest.
In general, investors tend to invest in companies that have headquarters near where the live, a trend Openfolio data has shown in the past. Investors in the Northeast, for example, are more heavily invested in financial companies than are others; investors in the West in technology. And for investors in the South, it’s energy. Oil saw what felt like an unending crash in 2015 and took energy stocks along with it: Energy was -- by a huge margin -- the worst performing S&P sector, ending the year down 22%. Overexposure to energy in Southern investors’ portfolios is the main reason that region saw an average decline of nearly 4%.
I made over 20% last year, im glad i dont think like most people.
My beautiful wife tells me how to trade.
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