EP 18: GameStop: Investing or Gambling?

Thinking you may be missing out on life-changing wealth from GameStop stock? Unsure what exactly is transpiring and how you can benefit from it? We’ll give you the rundown of what is going on, how you should approach it, and how to draw the line between speculating and investing.

Distractions in everyday life can deter or even prevent us from reaching our goals. Investing is no different. Building true wealth is typically slow, boring, but highly effective when done right. Knowing that, don’t get caught up in a moment that could take years to recover from.

Topics Discussed:
  • What happened in the recent GameStop saga.
  • What a hedge fund is and how it works.
  • Why you may want to reconsider investing in a hedge fund.
  • What it means to “go long” or “go short.”
  • Our tips for investing smartly.

Resources Mentioned:

Reddit

Robin Hood

ERdocadvisor.com  

Tags

ER Doctor, Financial Advisor, investing, speculating, GameStop, retirement