In this episode, Dan & Ian breakdown the Barstool Fund. It is a fundraiser created by Dave Portnoy, owner of Barstool Sports. This fund is used to support businesses severely impacted by the COVID-19 pandemic. The only qualification to receive funding from Barstool is, you must have run a successful and profitable business prior to the pandemic. The fund wants to support those businesses that have been adversely affected by the pandemic. We dissect the fund and the man behind it all. Find all the information below to support and donate to the cause. 

How to donate: https://www.barstoolsports.com/the-barstool-fund
Link to donate
Follow @stoolpresidente
Watch the facetime calls between Dave & Small Business Owners

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In this episode, Dan & Ian expand on the recent market volatility, driven by wallstreetbets and institutional investors. This episode details the investing platform, Robinhood, and their recent woes. Robinhood was created to “democratize investing for all” by allowing the regular person access to the financial markets. Unfortunately, Robinhood walked-back this statement by restricting access to certain securities on 1/27/2021. Robinhood disabled the buy button relating to GME, AMC & NOK due to the large volatility resulting from the popular Reddit forum, wallstreetbets. There are claims that Robinhood was influenced by hedge funds and clearing houses to restrict retail investors from using their money how they see fit. Robinhood could be facing class action lawsuits and potential SEC violations. We will continue to follow this situation as new information develops.  

Disclaimer: This video is made for entertainment purposes only, do not use this as investing advice or our recommendations. Please enjoy the video and continue to follow along in the comments. 

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In this episode, Dan & Ian discuss the recent market phenomenon. It is the ultimate showdown between institutional investors vs. retail investors. Retail investors essentially banded together to drive the price of Gamestop (GME) to the moon. This disrupted the short selling of large hedge funds who were betting on GME stock price to go down. Dan & Ian outline the chart of GME and analyze the intense market volatility. Wallstreetbets is the Reddit forum that drove the ability for retail investors to coordinate this market move. 

What is wallstreetbets? It is a forum on Reddit that has 7.5 million members
-Helped facilitate the short squeeze of Gamestop
-Many large funds are able to deploy their buying power to exert force over small or failing businesses 
-Retail investors began targeting other securities that were being sold short on the market
(AMC, NOK, EXP, KOSS)

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In this episode, Dan & Ian interview Elizabeth Thomas & Victoria Pohl about their family business. They tell the amazing story about the rise & fall of "Chalif," their famous mustard brand. The story shows the resilience of this family and they are the epitome of "get knocked down 9 time, stand up 10." We are very proud to have them on the show and hope you enjoy the interview. Thank you for following along. 

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In this episode, Dan & Ian interview Elizabeth Thomas (President/Executive Director) and Victoria Pohl (Chairman) from The Bruce Montgomery Foundation for the Arts. Elizabeth & Victoria discuss the loving memory of Bruce and how they continue to "pay-it-forward." They support performing art students through Springboard Grants to assist with expenses associated with their studies. The talented individuals and student organizations they support have gone on to be exceptional. Please consider listening to the interview to learn about the nonprofit, and if you were as touched as we are, please consider donating. 

Please Donate: 
- https://www.brucemontgomery.org
- Donation will go to Springboard Grants Program to support up & coming students in performing arts
- "Your donation gives support and hope to new generations of talented young musicians and theater arts students." (BMFA)
- Get in touch: (215) 646-5579

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In the first ever Monday Morning Roundup, Dan, Ian & Connor discuss hot topic current events. They debate the overwhelming changes in the macroeconomic business environment and the long term effects. Find out which one of them wants to go on vacation to space and who is not so sure. Also, they bring up Elon's Tequila and how brand permission is key to success. Finally, they reveal the largest farmland owner in the United States.

Disclaimer: This video is for entertainment purposes only. This is not meant to be investing advice. Prior returns are not an indication of future results. We are long-term position holders in SPCE. You bear responsibility for your own investment research and decisions, and should seek the advice of a qualified professional before making any investment.

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In this episode, Dan & Ian interview Ty Kingsley. He is a singer-songwriter from Philadelphia. Dan introduces Ty and tells the story of how this interview came to be. Throughout the interview Ty takes the audience on the journey of an independent artist with big goals. He discusses his song writing process and how to learn to be happy despite life not being perfect. Ty examines his own musical transitions and developments, along with understanding how to build a brand. Finally, Ty shares his biggest piece of advice for anyone starting or currently in the music industry. Please follow along!

Where to Find Ty?
-Instagram: Ty_Kingsley
-Apple, Spotify, or anywhere you get your music (Search: Kingsley)

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In this episode, Dan & Ian discuss some new market news. This is a new phenomenon is in response to the COVID-19 pandemic. The shift in the market relates to the differences between growth and value stocks. When the world shut down in March, there was a lot of uncertainty as in-person activities ceased to exist. The capital markets reacted and The Great Stock Market Rotation explains why. Also, Dan & Ian comment on the future after COVID-19 and how they believe the business world will respond. 

Disclaimer: This video is for entertainment purposes only. This is not meant to be investing advice. Prior returns are not an indication of future results.

Outline for the Episode:
1. Brick & Mortar shut down, Digital Explosion
Restaurants, airlines, travel disappeared
Money went to tech and digitalization
⅔ stocks in the S&P 500 are still below Pre-COVID levels, but since tech stocks like Apple and Tesla are a larger weight of the index the S&P is reaching record highs
2. The difference between Growth Stocks and Value Stocks
Growth stock- potential to outpace the market, (Amazon, Facebook, Google)
Value stocks- companies trading for less than their intrinsic value (GM, Verizon) 
3. Changes brought by COVID-19 (HERE to stay) 
-Work from home
-Online shopping
-Zoom and Microsoft teams

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In this episode, Dan & Ian discuss their choices for the five best credit cards for beginners. They build on their previous video "Credit Cards 101" which is linked below. Dan & Ian show you what is in their wallets and how you can begin to expand your credit card usage. They emphasize the importance of being responsible with credit and paying your balances in full and on-time every month. Below is their breakdown and key metrics. Please enjoy!

Credit Cards 101 Video: https://youtu.be/h6tkS4DP9y8

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In this episode, Dan & Ian provide an outline to become a tax free millionaire. They discuss utilizing a Roth IRA to begin making after tax contributions to a retirement account. All contributions and gains made within this account will be completely tax free upon withdrawal after you turn 59.5 years old. Ian outlines the importance of starting this account early and the true wonders of compounding interest. Dan details a few broad index funds that are popular for this type of investing. The BIGGEST asset you have at a young age is TIME. 

What is a Roth IRA?
An investment vehicle which allows for after tax contributions up to a limit of $6,000 annually, which all distributions are collected Tax Free after the age of 59.5.

Calculations Breakdown in Video: (Assume $6,000 contribution per year @ 7% return)
-If you begin at age 20, nest egg: $1,281,657.42
-If you begin at age 30, nest egg: $606,438.25
-If you begin at age 40, nest egg: $263,191.06

Funds Breakdown in Video:
VTSAX (Large Cap Blend over 10 years gained 13.78%) expense ratio .04%
VTI (Domestic Large Cap Blend over 10 years gained 13.70%) expense ratio  .03%
Any vanguard Vanguard Target Retirement Fund (2060 since inception grown 11.10%) expense ratio .15%

Disclaimer: This video is for entertainment purposes only. This is not meant to be investing advice. Prior returns are not an indication of future results.

Also should be mentioned that over the age of 50 there is an extra $1,000 that can be contributed to your Roth IRA per year bringing your annual contribution limit to $7,000 a year