There has been movement of people funneling into the day trading world - using apps, where you can buy and trade stocks. So where is this leading people? Chris takes on Dave Portnoy, founder of Barstool Sports, and who has recently begun day trading and sharing his successes, which has become a trending topic. Dave has even claimed to be “beating Wallstreet like a drum” and is leading an army of “Joe Public” investors into day trading. What is scary with this approach, is that it can appeal to young people who may seemingly act with no regard for the long-term consequences. While Dave adds the appropriate caveats and disclaimers, this tactic can leave people in extremely dangerous territory. NEXT, Chris shares cautionary stories of day trading, and why good investing is boring and isn’t supposed to be sexy! LATER, “To mask, or not to mask?” Chris discusses the controversy over regulations regarding masks amidst a pandemic and the reality that we don’t have enough data to fully understand the protective measures in place against COVID-19 quite yet.
Have a question? We cover a lot of news and how it impacts YOU and it’s only natural to have questions. You ask, we respond. No question is too simple, off limits, or off-topic.
Ask your question athttp://www.dynamicmoney.com/ask
Curious about how the news impacts your dreams or want to know what Dynamic Money would say about your financial situation? Let’s talk about your financial plan and create momentum to build the future you want.
Contact the Dynamic Money Team athttp://www.dynamicmoney.com/contact
Stay Connected with Dynamic Money and Chris Burns Throughout the Week:
Daily Email Updateshttp:///www.dynamicmoney.com/update
Facebookhttps://www.facebook.com/DynamicMoneyPlanning/
Instagramhttps://www.instagram.com/dynamic_money/
Chris on Twitterhttps://twitter.com/cwburns
If you’re listening, your future is important to you and you have BIG DREAMS. We appreciate you joining us and hope you hear something that gives you practical steps for positive change.