Debt Free with Andrew T

Episode 20: GameStop, Stock, and Risk


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In this week's episode, Andrew discusses what was going on in the day trading world. He discusses why there could be some trouble in that arena in the coming months. He explains how and why to avoid risk at all cost. As risk is something to avoid while getting out of debt. Playing the stock market game is NOT a get rich quick plan. 

Use the debt snowball. Follow the Dave Ramsey Baby Steps. Do not invest in things you do not understand. Stop yourself from becoming addicted to the market. 85% of day traders lose money. Don't become another in that statistic. 

As always, be a friend, and tell a friend about this show if it impacts your life for the better. If not, just pretend it never happened. But, I’m hoping to create a community of people who want to succeed, financially and in life. Let’s accomplish those goals together. Until next time, thank YOU for listening.

Find Becoming Debt Free with Andrew T (as spelled on Facebook), and debtfreewithandrewt on Instagram.

CAN JAM OF THE WEEK: Till I Collapse by Eminem

Links

Defining Insider Trading https://examples.yourdictionary.com/examples-of-insider-trading.html

Attention Robinhood power users: Most day traders lose money CNBC

Robinhood Users success rate: A Study https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3715077

Tags~~~~~~~~~~~~~~~~

Robinhood, GameStop, Stock, investing, risk, Dave Ramsey, Dave Ramsey Baby Steps

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Debt Free with Andrew TBy Andrew T