TheGameStop(NYSE:GME) farce is among the biggest stories emerging from the stock market in recent memory. The Reddit-induced short squeeze helped propel GME stock over 2,000% this year. The company has posted losses in the past couple of years, and the pandemic has only added to its exis...
Short sellers are individual investors or hedge funds who believe a certain stock's price will decline. They borrow shares of that stock, sell them, then buy them back when the share price falls and earn a profit from the difference. However, a lot can go wrong with this strategy. If...
GameStop(NYSE: GME) shareholders endured a brutal 2017, during which the stock shed over a quarter of its value even as the market gained more than 20%. That underperformance is no reason, by itself, to sell this stock -- especially since the retailer is postingsteady sales growthwhile gen...
According to the Pew Research Center, even among families who earn less than $35,000 per year, one-in-five have assets in the stock market. Investing is less about how much you’re investing and more about how much time your investment has to compound or appreciate in value. Insight fr...
“The stock market has historically returned 10% on average while credit cards have rates that hover around 20%. Unless you aggressively pay down credit card debt first, the math won’t ever work in your favor,” says Tayne. Tayne’s point is particularly important at a time when interest...
Back in March 2020, before the vast majority of the world knew what Reddit’s r/wallstreetbets was, or how much GameStop stock was trading for, the popular investing app Robinhood was struggling with regular service outages, blocking users from buying and selling shares of companies li...
I found thispre-owned Prince CDon eBay for $1. Cars Clark is a big fan of buying used cars because of the savings they offer. “When you buy a vehicle that’s three years old, the general back-of-the-envelope rule is that it will have lost roughly a third of its value,” he ...
My husband and I were able to sell out of some golden parachute ISOs, netting us $400,000. We sold the stock to diversity out of that asset, and to fund our children’s college. Now we’re not sure if we should use this money to buy more rentals, put more money into 529s, pay...
"It's kind of in its IPO advance phase still a little bit, and forming its first primary base," Moglen said of CRSR stock. "It has to really tighten up and form a good low risk entry point before I would be interested but it's definitely top of my list." Interested In DKNG St...
You could argue that some of these companies even hope to become a meme stock thanks to retail investors and see their stock price skyrocket as Gamestop’s did in 2021. But this approach is wrong, and when companies go down this path in the hopes of stimulating short-term...