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Here is my unbiased not investment advice for entertainment purposes only thoughts on all of this:
First, DeepFValue:
I think….Too many people followed his advice word-for-word, and copied his moves because he has TENS OF MILLIONS OF DOLLARS AT STAKE. But, what many people forget is that he is playing with HOUSE MONEY…he is ENTIRELY investing with profit, and - in his position - it’s IMPOSSIBLE for him to lose money. There’s a big difference when you’ve been holding since $4, and everything is GRAVY…and when you’re buying in at $300 in hopes that he knows something you don’t.
Do I think he’s RESPONSIBLE for what people do with his information? NO, not at all. BUT, if he hired an attorney, that attorney would tell him to BE QUIET, STOP POSTING ON REDDIT, TAKE PROFIT, comply with all regulations, and move on.
Second, lets talk about WallStreetBets:
It’s no surprise, I’m a fan of the community. I’ve been browsing that subreddit for about 2 years now, I find it highly entertaining, every now and then I’ll come across some VERY well written insights, and overall, I think it’s a beneficial outlet for so many people. HOWEVER, I don’t think WallStreetBets will be held liable for anything they say or do on a public forum.
However, where I see the biggest problem is how many people have bought into GameStop at EXORBITANT prices, for the SOLE purpose of trying to “Stick it to the hedge funds.” At the end of the day, in hindsight…THOSE turned out to be some of the biggest losers, and while hedge funds can often stomach losses like that…as an every day investor, losing 60-80% of your investment in a week could be a SIGNIFICANT blow to your finances.
Third, speculation.
The reality is, in situations like this - even the most educated guesses are wrong, and it’s up to you to decide what you’re willing to trade, and how much you’re prepared to lose. As this event shows us, ANYTHING CAN HAPPEN - and even under PERFECT conditions, short term speculating is a dirty game.
I think it’s important to realize that holding on to a poorly timed investment longer, doesn’t automatically make it a good investment, and you’re going to need to decide - for yourself - where you cut it off. If you’re willing to ride it to the ground, so be it - but if this is money that means a LOT to you, then it’s worth it to be careful. There’s no shame in taking profits and being a well rounded, level headed investor.
And lastly, we need to talk about Media Attention.
Many people would argue that peak media attention coincided with peak prices…and, to me, that’s correct. The price of GameStop only goes up as more people cover it, but - as soon as that attention shifts, as it will with ANYTHING - the price will fall, since there can only be so many people buying in at once.
But, at the end of the day - this whole situation DID expose several issues that need to be addressed, it raised more awareness around investing, the importance of diversification, not investing more than you can lose…AND, no matter what happens, the real winner - STILL - is going to be the COMPANY itself, GameStop, who actually has a MAJOR chance to turn their business around and turn it into something quite profitable.
So, if you want to “stick it to the man” - my best advice is to support the companies that you really believe in, by using and buying their products…and, over time, that will come out ahead.
For business or one-on-one real estate investing/real estate agent consulting inquiries, you can reach me at GrahamStephanBusiness @gmail.com
*Some of the links and other products that appear on this video are from companies which Graham Stephan will earn an affiliate commission or referral bonus. Graham Stephan is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.
Enjoy Free Stocks & Trading with WeBull: https://act.webull.com/k/Vowbik9Tm5he/main
JOIN THE WEEKLY MENTORSHIP - https://the-real-estate-agent-academy.teachable.com/p/graham-stephan-mentorship-program/
THE NEW PODCAST: https://www.youtube.com/channel/UCMSYZVlQmyG8_2MkIKzg0kw
The YouTube Creator Academy:
Learn EXACTLY how to get your first 1000 subscribers on YouTube, rank videos on the front page of searches, grow your following, and turn that into another income source: https://bit.ly/2STxofv $100 OFF WITH CODE 100OFF
My ENTIRE Camera and Recording Equipment:
https://www.amazon.com/shop/grahamstephan?listId=2TNWZ7RP1P1EB
Here is my unbiased not investment advice for entertainment purposes only thoughts on all of this:
First, DeepFValue:
I think….Too many people followed his advice word-for-word, and copied his moves because he has TENS OF MILLIONS OF DOLLARS AT STAKE. But, what many people forget is that he is playing with HOUSE MONEY…he is ENTIRELY investing with profit, and - in his position - it’s IMPOSSIBLE for him to lose money. There’s a big difference when you’ve been holding since $4, and everything is GRAVY…and when you’re buying in at $300 in hopes that he knows something you don’t.
Do I think he’s RESPONSIBLE for what people do with his information? NO, not at all. BUT, if he hired an attorney, that attorney would tell him to BE QUIET, STOP POSTING ON REDDIT, TAKE PROFIT, comply with all regulations, and move on.
Second, lets talk about WallStreetBets:
It’s no surprise, I’m a fan of the community. I’ve been browsing that subreddit for about 2 years now, I find it highly entertaining, every now and then I’ll come across some VERY well written insights, and overall, I think it’s a beneficial outlet for so many people. HOWEVER, I don’t think WallStreetBets will be held liable for anything they say or do on a public forum.
However, where I see the biggest problem is how many people have bought into GameStop at EXORBITANT prices, for the SOLE purpose of trying to “Stick it to the hedge funds.” At the end of the day, in hindsight…THOSE turned out to be some of the biggest losers, and while hedge funds can often stomach losses like that…as an every day investor, losing 60-80% of your investment in a week could be a SIGNIFICANT blow to your finances.
Third, speculation.
The reality is, in situations like this - even the most educated guesses are wrong, and it’s up to you to decide what you’re willing to trade, and how much you’re prepared to lose. As this event shows us, ANYTHING CAN HAPPEN - and even under PERFECT conditions, short term speculating is a dirty game.
I think it’s important to realize that holding on to a poorly timed investment longer, doesn’t automatically make it a good investment, and you’re going to need to decide - for yourself - where you cut it off. If you’re willing to ride it to the ground, so be it - but if this is money that means a LOT to you, then it’s worth it to be careful. There’s no shame in taking profits and being a well rounded, level headed investor.
And lastly, we need to talk about Media Attention.
Many people would argue that peak media attention coincided with peak prices…and, to me, that’s correct. The price of GameStop only goes up as more people cover it, but - as soon as that attention shifts, as it will with ANYTHING - the price will fall, since there can only be so many people buying in at once.
But, at the end of the day - this whole situation DID expose several issues that need to be addressed, it raised more awareness around investing, the importance of diversification, not investing more than you can lose…AND, no matter what happens, the real winner - STILL - is going to be the COMPANY itself, GameStop, who actually has a MAJOR chance to turn their business around and turn it into something quite profitable.
So, if you want to “stick it to the man” - my best advice is to support the companies that you really believe in, by using and buying their products…and, over time, that will come out ahead.
For business or one-on-one real estate investing/real estate agent consulting inquiries, you can reach me at GrahamStephanBusiness @gmail.com
*Some of the links and other products that appear on this video are from companies which Graham Stephan will earn an affiliate commission or referral bonus. Graham Stephan is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.
So what the best app to use now for investing?
GameStop sucks, you ever go in that place, lol
Liking the video doesnt actually help the algorithm
Just a heads up its Fin Ra. Not Fern Ra
Graham please help us with the movement to allow brokers to raise the DAY TRADE LIMIT to 15 per week for user with accounts that valued under 25k
Speculation? You mean like bitcoin? lol…
No don't sell, buy GME and become diamond hands 💎💎💎💎 🚀🚀🚀🚀!!!! HOLD THE LINE 🚀 🚀🚀
Poor Graham. How come you didn't get an interview with Vlad like Kevin and Andrei? too much of a clown?
You are a millionaire and you have channel sponsors….
Graham warned us… I thought I was right and didnt listen to Graham. Turns out everyone got screwed over and Graham ended up being correct. I lost so much lol…. Moral of the story is to listen to Graham. Graham is always right. Always. I hate this game
In the 90s I traded soybean options on the floor of the Chicago Mercantile exchange. There was an Italian company call furgose (spelled incorrectly) It had a large percentage of the open interest in the squash. A few American firms were on the other side of Italian companies long position. If the trade would’ve played out in a fair way. A few American companies within greatly hurt they went to US regulators and convince them to make the Italian company liquidators position. Which caused the Italian company to fail.Kind of another play on a similar outcome.
Your hair is a little limp. You doing alright? Lol
I disagree about not investing to sticking it to someone, as long as you are not hindering yourself in a major way. If you've got $200 extra out of a bank account in the tens of thousands, then I say go for it.
The real question is if G.S. owns GME with 💎 hands.
I totally understand the anger toward Robinhood. However, the reality is that it likely saved a lot of people a ton of money. A massive majority of the people who jumped in on the GameStop chaos had no idea what they were doing. They are likely the same ones who bought in when GME was at $100+ and had no exit strategy. It climbed to $300+ and they were busy Tweeting about "to the moon" when they should have clicked "sell." Now, they are sitting with a bunch of stocks that caused them to lose at least half of the money they put into it. Not saying it was right, but it probably saved them from themselves.
Been following Michael Burry since Dec 2019. He had Gme stock at 5.40 back then. I wonder how much profit he took.
he is one of the most grounded, balanced and objective persons…on YT
This guy should start a YouTube channel
just got into Bitcoin trading investment with a professional weeks ago and i already made more than $14,500. I wish I know about this earlier, I would have been a new millionaire by now.
You tricked me
"You can save 50% or more" by switching to policy genius. Not Gieco??? Not 15%???
“I have no respect for the SEC” – Elon Musk
Now if DFV were to sell wouldn’t we see it on level 2 data?
So is robinhood still i guess safe/good to use for someone who's just starting out?
I come from the future and I just want to tell you that Gamestop won the corporate wars.
I’ve got a share left, let’s go 420.69!
Hahahaha!!!! You didn’t sue anyone sellout. You’re such a sellout to the devil/33/We
Covid – 19 = Hoax
We/33/The Devil is real
Did y'all even read Robinhood's TOS agreement? You agreed that you cannot sue Robinhood. You agreed that Robinhood can restrict or limit trading due to market volatility. Literally. Most likely the courts will throw the cases out.
"IF He DISSAPPEARS I DiSSA…. **boop**"
Graham loves to say youtube algorithm hahahaha smh
So if you took your 1st stimulus check and bought $1200 of gme on April 13th you would have 253.16 GME
which today (Feb 10th, @$50) would still get you $12,658.
If you sold it at its high @483 you would have made $122,276
and most likely if you sold it at the meme @420 you would have $106,327
… and if you have diamond hands and sell @1000 you'll have 253,160 tendies.
I sent you an article related to another suit involving Robin Hood via messenger. What do you think about it?
Radiko holdings (RDKO) to the moon!!!!!!!!!!!
The way he explains is so good. I don't do any investments and yet I watch all his videos 😀
What you think about the danger of Chinese stocks to be delisted on the US stock market?
WSB don't care if they lose in fact they are proud of it.