If we thought 2020 was an interesting time in the market, 2021 is certainly doing its best so far to one up it! The last few weeks have definitely been something to watch, both from a technical standpoint and an investor behavior standpoint.
Here’s what I’ve been reading this morning:
‘5 Lessons Young Investors Can Learn From GameStop’s Insane Ride’ – Tony Isola – A Teachable Moment
- Market news is being consumed by GameStop over the last week or so. In his latest post, Tony takes some higher level lessons away from this phenomenon for younger investors.
‘Is This Legal?’ – Michael Batnick – The Irrelevant Investor
- The underlying question behind all of this market madness: is this even legal? And if so, how? Michael takes a look at short selling and what’s been going on in the market over the last week.
‘US Economy’s Holiday Increase Not Enough to Ward Off Full-Year Contraction’ – Harriet Torry, Eric Morath – The Wall Street Journal
- The fourth quarter 2020 GDP numbers are in. While the economy for the US grew in the fourth quarter about 4%, it wasn’t enough to recoup all the losses from earlier in the year. However, it is expected to rise in 2021.
‘Home-Free’ – Kenyon Sayler – Humble Dollar
- In the world of personal finance, there are always trade offs. In this post, the author outlines the trade offs between paying off your mortgage or investing that money instead. It’s important to consider all of your options and opportunity costs.