Stonks Are Back... And So is Inflation

Published: June 12, 2024, 5 a.m.

Mr. Roaring Kitty and stonks are back! Today we have a discussion about GameStop's recent stock movements and the role of individual investors in market volatility. We also talk about asset allocation, the current disparity between large-cap and small-cap stocks, and the potential implications of rising interest rates.\xa0

Today we discuss...

  • Mr. Roaring Kitty's return and his influence on GameStop's stock.
  • The importance of mindset in success, regardless of external circumstances.
  • Challenges to the statement that wealthy people succeed due to access to opportunities.
  • GameStop's stock, its volatility, and market speculation.
  • Structured products as potentially misleading investments influenced by institutional interests.
  • The difference in performance between large and small-cap stocks, influenced by inflation and interest rates.
  • Business development companies' reliance on floating rates and potential risks from rising interest rates.
  • The complexity of understanding business development companies and their investment potential.

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Today's Panelists:

Kirk Chisholm | Innovative Wealth
Douglas Heagren | ProCollege Planners

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For more information, visit the show notes at https://moneytreepodcast.com/stonks-are-back-615\xa0