Best In Wealth - Best Practices For Real People, Investments, Retirement Planning, Money Management, Wealth Building, Financi

If you haven’t heard about what’s happening with Reddit and GameStop stock, you must be living under a rock. It all started in a Reddit forum whose sole intent was to punish “the man.” Thousands of users banded together to run the price of GameStop up. GameStop went from $20 to $460 in a matter of days. Some people have made millions of dollars—others have lost their entire life savings. Should you get in on the frenzy? Listen to this episode of Best in Wealth for my thoughts![bctt tweet="Do you want in on the #GameStop stock frenzy? What do I think about it? Listen to this episode of Best in Wealth to find out! #wealth #retirement #investing #PersonalFinance #FinancialPlanning #RetirementPlanning #WealthManagement #Stock #StockMarket #Reddit" username=""]Outline of This Episode[1:13] My experience with sports betting[3:34] The Gamestop stock frenzy[5:49] What is shorting a stock?[10:15] The impact on short-sellers[11:29] The impact on individuals[18:35] Is this trend unprecedented?[19:37] Why this trend scar