June 22, 2021

Meme Stocks Explained and Building Wealth

5 minutes

In this episode, Shamus Madan explores the rise of meme stocks and Reddit's role in it, discusses the fear of missing out (FOMO) and risks in investing, shares wealth-building tips from billionaires, and provides a historical perspective on market bubbles.

Welcome everyone to the MBIT podcast; I am your host, Shamus Madan. This week we will be discussing what meme stocks are, how they work, what’s the deal with the whole “to the moon” ideology, and finally some tips on how to make your money work for you, from many billionaires.

Be sure to subscribe and take that like the button to the moon for the youtube algorithm.

DISCLAIMER:

Before we begin, it is essential to note that this is NOT investment advice, and all opinions expressed are my own.

Topics:

Meme Stocks

How Meme Stocks Work

Markets

Crypto bubble

Market bubble

Wealth Building

Disclaimer:

The MBIT podcast is reflecting the opinion of only the host. The podcast is for informational purposes only. The podcast is not a research report and is not a recommendation to purchase or sell any stocks, holdings, or securities. The podcast is also not meant to serve as the basis of any investment decision.

Background Music: Not For Nothing - By Otis McDonald

(0:00) Introduction to MBIT podcast

(0:19) Overview of the Episode

(1:08) Rise of Meme Stocks and Reddit's Role

(2:16) FOMO and Risks in Investing

(3:40) Building Wealth: Tips from Billionaires

(4:28) Market Bubbles: A Historical Perspective

(5:02) Conclusion and Sign Off

...more