Day trading is nothing new. Whenever financial markets start to get extraordinarily volatile you tend to see an increase in the number of new day traders enter the market.
Add in the element of sports gambling being diminished (due to the pandemic), and you get a recipe for increased speculation from those looking to make quick gains.
In this podcast episode, I talk about the difference between entertainers and those providing real practical financial advice AND why it’s important to keep the proper perspective when making investment decisions. Keeping the proper perspective is crucial to avoiding the BIG mistake, and ultimately, continuing to build on good financial habits.
Lastly, don’t forget to connect with me on Twitter:
If everyone had to make estimated tax payments instead of having it directly taken from a paycheck, I think we’d feel differently (collectively) about how the government spends our money.
— T.J. van Gerven (@TJvanGerven) June 17, 2020