Once again we see how powerful social media is in our modern day. A retail investor posted about how the stock was undervalued on a public forum, WallStBets, and brought to light GameStop (GME) was shorted at 120% of the available shares by hedge funds. 4 Million people follow this forum. Retail investors, and FOMO investors bought the stock, the stock price shot up. Listen to hear what happens next. 

2:20 - What is Shorting?
8:00 - How did GME blow up?
11:20 - What is a Short Squeeze?
15:04 - Free Markets
15:52 - Correction - The Stock was shorted 120% of the available shares, not 120x
17:33 - Importance of Long Term Investing
23:00 - What Happened with Melvin Capital

In this episode we share some of our tips on how to make money conversations feel a lot easier and less awkward.
We guide you on how to approach these tough conversations around money with your parents and significant others.
In addition, we provide our advice when it comes to having conversations about retirement, spending and saving, debt and financial management. 

We cover the following topics in this episode:
1) What is crypto currency
2) What is blockchain
3) How to purchase crypto currency
4) The risks surrounding crypto currency
5) Our thoughts on Bitcoin and Ethereum
6) And much more.

This website has everything you need to know about Bitcoin:
https://www.lopp.net/bitcoin-information/getting-started.html

The best crypto hardware Wallet:
https://www.ledger.com/

Wealthsimple - buy and trade Bitcoin and Ethereum:
https://www.wealthsimple.com/en-ca/product/crypto/

Why do people fail at keeping their New Year's resolutions?
In this episode we unpack why only 8% of all people who set out to achieve their New Year's goals, actually achieve them.

Studies have found that only 64% of people stick with their goals past one month, 46% past six months, and 8% through the end to long term achievement.

We provide you with the steps to take in order to ensure that you set yourself up for success and join the 8%. We teach you how to create SMARTER, more specific goals, and dive deep into the "why" you are creating your goals in the first place.

A special episode with Liz Enriquez (founder of Ambitious Adulting) where we discuss how to build the mindset to start investing, how to build credit, and how to get started with real estate investing.

Liz Enriquez helps Canadian Millennials learn about personal finances in a fun and non-intimidating way. As a young adult, Liz struggled with anxiety around money, and became committed to improving her financial literacy to help her cope. She dove deep into Personal Finance books, blogs and podcasts and saved $100,000 by the time she was 26. She has been featured in BNN Bloomberg, Globe and Mail, and Apartment Therapy and hosts her own show "Ambitious Adulting" on Cable 14. 

@Ambitiousadulting on IG/twitter
https://www.ambitiousadulting.com/about/

The holidays can be the most exciting and expensive time of year for some. While this holiday season is definitely going to look different from previous years, now more than ever is it important to show your friends and family how much you love and appreciate them. 

It's not about how much you give, but about how much love you put into giving. 

In this episode we go over how to have a conversation with friends/family about expectations around the holidays. A lot of people have either lost their jobs, aren't getting their holiday bonuses, and/or cash might be tight for many this year. Having candid conversations with friends and family is the first step in trying to understand what your holiday budget should be. 

We discuss how to value your relationships and offer suggestions for people with bigger family groups. 

We talk about why Black Friday/Cyber Monday aren't always the best times to buy, and why maybe you shouldn't be boycotting Amazon. 

If you enjoyed this episode, please leave us a review! 

As always, thanks for listening. 

- Nika & Katie

On this episode of the podcast we are joined by a special guest, Michele Molino the Founder of Female CoFounder. 

Michele is a badass female entrepreneur, and also a Product Manager at Vmware Pivotal Labs. She's previously worked on brands like Virgin Mobile, CraveTV, Bell and Lucky Mobile. Michele is a proud Schulich alumna who graduated with Honours and Distinction specializing in Entrepreneurship, Marketing and Finance. Now she’s creating an opportunity to uplift women who are excited about building the future of tech.

For every 20 start-up founders in the technology sector, less than 3 are women. We’re working with everyone in the tech community to change that. Female CoFounder is a community where you build diverse teams for side-projects and startups. 

Join the community at www.femalecofounder.com 

- 
If you've ever thought about starting a side hustle, building a business or venturing into entrepreneurship, this is the conversation for you. 

Michele shares her story about how Female CoFounder was built, some of the challenges and setbacks she's gone through and her learnings along the way. 

Nika's been a community member of FemaleCoFounder since their early days, and led their first Lightning Talks on Risk and Resilence in entrepreneurship, and how to build up your risk tolerance. 

Michele talks about the community she's building and how important it is to have the right people by your side when you're creating something special. 

With Michele we unpack what are some common fears that hold women back from starting businesses. We talk about how to get out of your own head and how to persevere. 

Building financial literacy can be a daunting journey, especially if you don't know where to start. 

In this episode we break down the basics of what actions you need to be taking in order to set yourself up for success. We start with explaining what an emergency fund is and how to build one. 

We teach you to build a system for monitoring your cash inflows and outflows and how to be mindful of your spending. We dive deep into budgets and present an easy system - the 50/30/20 rule - for mindful spending on needs, wants, and savings. 

You can download an easy budgeting worksheet by singing up for our mailing list here: www.missfindependent.com 

We discuss the importance of asking for employee referrals and how to cold outreach. We talk about everything from what to say in your LinkedIn messages, or email, to how to increase your response rate. We break down how to connect with people you've never met and how to give back to people that reach out to you. 

We provide examples of networking tools you can utilize such as joining professional organizations (ie. Women in Capital Markets) and explain how these tools can be used to obtain job opportunities as well as employee referrals.

We discuss the importance of Temp Agencies and how to take advantage of Freelancing to get the most value out of your skillset. We provide tangible examples and proof of how our method works.

We start off with a visualization of the future. You enter an elevator, press the top floor, and come out as you, only 10 years into the future. 

We ask you to question where you see yourself - what sights, sounds, and people surround you. 

The reason we do this is to help you understand that you need to be working for the life you want now. Things won't just fall into place, you need to call them into existence and take action to purse what's yours. 

We talk about some of the ways millennials often live above their means and get into significant credit card debt. We discuss ways to prioritize debt and where to focus your attention. 

We discuss basic budgeting skills and how to manage your inflows and outflows to ensure you are net positive month over month. 

We provide a brief introduction to TFSAs and RRSPs and explain why both accounts are necessary for everyone to have, even if you have a company pension already set up.