I feel like every day for the last 12+ months we’ve witnessed something “unprecedented”. The last week or so, the unprecedented move has been the short squeeze of GameStop from Reddit folks. If you haven’t been paying attention, just Google it real quick.
Here’s what I’ve been reading this morning:
‘Let Them Vote’ – Nick Maggiulli – Of Dollars and Data
- Responding a Tik Tok video of every day investors using a questionable (at best) strategy and finding success, Nick discusses that strategy, momentum investing and why the stock market in the short-term is a voting machine.
‘How to Minimize Regret with Your Investment Decisions’ – Peter Lazaroff
- There are consequences to every action that we take. Good and bad. Especially when it comes to investing. In this post, Peter outlines how to not get overwhelmed with regret for your past investment decisions and not to let it impact your future ones.
- The GameStop saga has shed light on a number of fascinating areas of the market. Ben highlights a few of them, but mostly focuses on how this story has shown the fact that this is truly a young person’s market.
’51 Million Americans Increased Their Credit Card Debt Because of COVID’ – Jessica Dickler – CNBC
- While it’s not necessarily a surprising statistic, it still doesn’t make it a GOOD one. This post outlines the financial troubles that people are experiencing with COVID-19, and the depths to which they are going to make things work.
ENJOY!
