LifestyleMidday Maryland

Actions

Finley Alexander Wealth Management - GameStop

Posted at 1:56 PM, Feb 22, 2021
and last updated 2021-02-22 13:56:22-05

Last month, Wall Street went mainstream when the stock for GameStop soared, making some independent investors rich and causing headaches for some hedge funds.

While independent investors managed to use the hedge fund's own playbook against them, the event was an anomaly, and there are bigger takeaways from the situation. You should never invest money you can't afford to lose, and no amount of good investing can outperform poor saving and spending habits.

Fear of missing out is real, but don't let FOMO rule you investments. Make you investments with good judgment and a clear head, not on a whim.

Learn more here.