Meme stocks: Here’s a great way to lose money!
Back in January 2021, an online moniker named “Roaring Kitty”, created a frenzy for “meme stocks” among retail investors.
Meme stocks are companies that have a cult-like following on social media.
Joshua Benton - Analyst, Real Wealth and Managing Editor, South African Investor
What is “CODI” and how can it benefit you?
Let’s say you have R100,000 in a South African bank… Then something catastrophic happens… A serious credit or liquidity event impacts the bank where your money’s located. That triggers the bank’s collapse. Worried, you try to withdraw your money… Only for the bank to say, “we don’t have it”. Now, you’ve lost R100,000 in an instant. That’s where CODI can help.
Read MoreInvesting on the precipice of SA’s biggest election
Let’s focus on the best action we can take right now to prepare our portfolios and investing for whatever the election may bring.
Read MoreDo you have these two dividend stocks in your watch list?
Dividend stocks aren’t just a great way to earn a regular second income from investing, the income they generate can boost your overall portfolio returns! The fact is, a consistent dividend can be responsible for as much as 20%, 30% even 50% of the returns you make on a stock.
Read MoreWhat can we learn from proven strategies of the World’s Greatest Investors
If you want to invest for big profits on a consistent basis – if you want to use the markets to build substantial and lasting wealth for yourself and your family – then it’s essential that you learn from the true masters of the art. Over the next couple of weeks, we’ll examine the strategies of five of the world’s greatest investors.
Read More
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