Ever wake up one morning and think to yourself:
“Jeepers self, if only I could participate in total stock manipulation and ideally become a beeeeeyonaire instead of losing my shirt, shoes and underwear!”
If so you’re definitely not alone – lots of people who might only possess the briefest smattering of knowledge regarding stock investing will think to themselves, woohoo! I can profit bigtime just like the big dogs on Wall Street!
That’s why you’ll love the following (and be sure to return back once you’re done so you can benefit from the additional resources I uncovered for you):
www.buzzfeednews.com/article/clarissajanlim/robinhood-gamestop-amc-stock-twitter-wall-street
There, you’ll discover rather disturbing thingees like:
“Robinhood, an online brokerage app named after a folk hero who steals from the rich to give to the poor and whose mission is to “democratize finance for all,” has barred the purchase of GameStop and AMC shares amid a coordinated effort from redditors to drive up the stock prices of certain companies.
The app cited “recent volatility” in the stock market in a statement Thursday morning, saying users can close out their positions but cannot buy more stock….”
and
“…In recent days, investors on the subreddit r/WallStreetBets have managed to drive up the stock price for a number of companies — most prominently GameStop and AMC — to the detriment of hedge funds betting against these stocks. (If you want a more thorough rundown of how this is happening and why it’s giving Wall Street such a headache, read this and this.)
Robinhood is not the only major trading company that has limited transactions for these stocks, whose price surge Reddit users have said will help them pay off student debt and medical bills, among other things. TD Ameritrade and Charles Schwab also placed similar restrictions on Wednesday….”
and more!
What’s truly unsettling about this whole thingee….
It shines a spotlight on how easy it is to manipulate things in the background… if you have either enough money (hedge funds) OR you can pull together a band of the Little People and make an impact.
Mastering beginners stock investing is a topic that could make for a grand challenge, cheatsheet, tutorial and more. You could structure it like so:
Step 1.) Familiarize Yourself With Beginners Stock Trading Tutorials
Need help with that? Consider:
www.stocktrader.com/learn-stock-trading/
www.investopedia.com/articles/basics/06/invest1000.asp
www.nerdwallet.com/article/investing/how-to-invest-in-stocks
Next, move to:
Step 2.) Open a Stock Brokerage Account
Need resources for that? Consider:
www.nerdwallet.com/article/investing/what-is-how-to-open-brokerage-account
www.stocktrader.com/online-stock-brokers/
www.nerdwallet.com/best/investing/online-brokers-for-beginners
Finally, move to:
Step 3.) Practice with a Stock Simulator Until You Are Comfortable Enough To Trade
Need resources for that? Consider:
www.benzinga.com/money/best-stock-market-simulator/
investmentu.com/stock-trading-simulators/
Good stuff!
Your takeaway?
The behind-the-scenes stock market manipulations, combined with the behind-the-scenes Digital Currency manipulations, is a huge eye-opener indeed.
Remember – approach ANYTHING that involves your money with a careful eye… a HUGE amount of how-to courses/Social Media Stock Market Stars/etc. are simply a wild case of Fake It ‘Til You Make It gone bananas.
Always do your due diligence first, last and in-between.
It’s your money, after all – treat it like the precious goodness it is.
Enjoy!
Get Started Here
You’ll love what you learn… Promise!