Meme Stocks: What Are They and Why Are People Getting Caught Up in Them?

Paul starts off the show sharing that firms and planners can claim to be a fiduciary and then immediately sell you something that states in the fine print, “We are not acting as a fiduciary during this sale.” Paul then segues to a topic that sucks many investors into gambling and speculation: meme stocks and penny stocks. Listen along to hear what meme stocks are, why the financial media loves to talk about them, and the few success stories. 

 

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