Sports Gamblers Find a New Home in the Stock Market | Dude Where's My Money? | Ep 11
Is Tesla really worth more than Ford, GM, and Fiat-Chrysler...combined? Mind you, Ford, GM, and Fiat-Chrysler sold 7.3-million cars in the US in 2019. When comparing that to Tesla's US sales of 195-thousand, it's hard to get your head around how Tesla is worth more. Or is there more to the story? Perhaps sports gamblers, without a home at the moment, are influencing highly speculative stocks.
Watch Ian & Scott with Mellen Money Management, a fee-only financial planning and investment management firm in Nocatee, FL. In this episode, they talk about the surge in the number of retail investors chasing after the likes of Tesla, the dangers of day trading, and what opportunities exist with vaccine stocks.
TIMESTAMP FOR EACH TOPIC
0:50 Surge in Retail Investors
4:45 The Dangers of Day Trading
8:05 Vaccine Stocks
12:45 Dimensional Funds Introduces ETFs
14:52 College Football - Will it Get Cancelled?