085 - GameStop, AMC & More - How to Think About Hot Stocks as an Investor

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In this episode James and Scott discuss Gamestop Stock, AMC, Reddit, Hedge Funds, and how to think about "hot" stocks as an investor. Questions discussed: Should I invest in GameStop, AMC, etc.? When do I know it's best to buy or sell? What does the halt of trading in Robinhood mean for the financial services industry? How much of my portfolio should I allocate to investing in individual stocks? Planning Points Discussed Investment Planning Retirement Planning Tax Strategies Aligning Your Investments with Financial Goals Timestamps: 1:30 - Investing vs. Speculation 4:12 - Wealth Accumulation: Short-Term & Long-Term 6:21 - Maximizing Wealth 8:30 - Gambling or Informed Investing: What's the Difference? 12:49 - How Likely Is One Company To Go Out Of Business? 15:50 - Aligning Your Money With Your Life 17:20 - How Investing Has Changed   LET'S CONNECT! James Facebook LinkedIn Website Scott Facebook Twitter Website ENJOY THE SHOW? Don’t miss an episode, subscribe via iTunes, Stitcher, Spotify, or Google Play. Leave us a review on iTunes. Have a money question you want us to answer? Submit one here