Ep. 147 - Whiplash & Gambling

15 de sep. de 2024 · 22m 53s
Ep. 147 - Whiplash & Gambling
Descripción

The past two weeks have been quite dramatic in the stock market. Two weeks ago, the Nasdaq fell 5.8% and then gained 6% over the past week. The S&P &...

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The past two weeks have been quite dramatic in the stock market. Two weeks ago, the Nasdaq fell 5.8% and then gained 6% over the past week. The S&P & Dow also had their episodes of whiplash over the same period. 

Election cycles are complex for everyone's emotions, especially the stock market. In this episode, we discuss how you can use these swings to improve the cost basis of your shares if you're feeling like you bought some too high. $PLTR and $DELL will join the S&P 500 Index on Sept. 23rd, and we discuss the criteria required for inclusion. 

Sports gambling is a BIG business that continues to grow. In particular, young men continue to gamble in higher numbers and more often. Access to gambling sites from our phones makes it too easy to participate. How could this impact savings in the future? What is the difference in your portfolio if you start saving at 25 vs 35? We take a look at a classic example during this episode. 
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