@koolgal:
🌟Dear Tiger Friends, Can you guess the year I started investing when the hottest, most culturally explosive stock was $GameStop(GME)$ ? This video game meme stock kingpin delivered a mind boggling, retail driven total return of over 815%! It was a year when Main Street pit their strength against Wall Street. It was a time when online retail forums, led by the legendary "Roaring Kitty" aka Keith Gill banded together to trigger a historic, multi billion dollar short squeeze that completely broke traditional Wall Street risk models and sent institutional short sellers into a total liquidation panic. For a brief intoxicating moment, the online forums & retail "Ordinary Joes" felt completely untouchable. But the reality of corporate fundamentals reasserted itself. GameStop dropped like a rock to the bottom of the ocean. The lesson I learnt was single stock hype is unsustainable. To build wealth, automated diversification is the key to success. @TigerEvents @Tiger_comments
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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