Video Summary The speaker, a stock trader, reflects on their past mistakes and losses, including a massive short position on the Nasdaq that didn’t pay off. They admit to making poor decisions and taking on excessive risk, leading to significant losses. The speaker explains that they were wrong about the market’s reaction to news from […]
Video Summary Nancy Pelosi, the Speaker of the House, has been in the spotlight recently for her stock trades, which have been the subject of much speculation and debate. As a member of Congress, she is required to file periodic transaction reports, which reveal her purchases and sales of individual stocks and options. In December […]
Video Summary The stock price of Ultrasource Portfolio Solutions, a company that handles mortgage foreclosures, has been fluctuating rapidly due to recent news. The company has been struggling since the pandemic began, with its stock price dropping from $640 to $10.41. However, after President Biden announced a month-long moratorium on evictions and foreclosures, the stock […]
Video Summary In this article, an individual is sharing their experience with stock trading, focusing on their brokerage account and three current positions: Adobe, Costco, and Facebook. They explain their decisions to buy into Adobe, expecting a price increase due to earnings, and how they profited from the stock’s growth. They also discuss their disappointment […]
Video Summary Jake, a self-proclaimed value investor, shares his approach to finding new stocks to invest in. He emphasizes the importance of understanding fundamental analysis, technical analysis, and qualitative analysis. He warns against following popular “hyped” stocks pushed by other finance YouTubers, citing numerous examples of disappointing performances. To evaluate a stock, he focuses on […]
Video Summary There are two types of retirement accounts: traditional and Roth. The main difference between them is how they treat taxes. With a traditional account, you don’t pay taxes on the money you contribute, but you’ll pay taxes when you withdraw it in retirement. With a Roth account, you pay taxes on the money […]