Julie Jargon
speaker
193 appearances
6 recordings
1 series
first heard Dec 2019
last heard Nov 2023
Julie Jargon’s voice in public audio — every appearance, attributed to the second.
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Appearances
But she said that before she invests any further, she wants to learn more about investing.
And so for the time being, she has put her money, her earnings from the GameStop stock into a savings account.
I also spoke to a young man, this woman's brother, who likewise invested a few thousand dollars in GameStop.
He came out ahead as well.
And he said that it was an emotional roller coaster.
He said he texted his dad when he was up $40,000.
And his dad told him to pull out of the stock, and he didn't.
He still came away with about $10,000 in profit, but it wasn't as much as he hoped to make.
And now he said he's put several thousand dollars into a managed account.
He's still in GameStop stock, and he's also purchasing shares in some other small stocks.
But he said he doesn't plan to be as risky in the future as he was during the GameStop stock frenzy.
These apps are trying to provide more education, either through the use of different quizzes, stock pick recommendations, financial analyst reports.
One app called Investor actually allows people to
to play a game, a fantasy finance game, to learn about investing before they actually put any real money into the market.
People can create investment clubs, their own leagues, and it kind of simulates trading and provides data on their investment performance and gives them detailed insights into their risk exposure and also gives them warnings if they're over-concentrated in a certain sector.
So the idea is that they will
get real-time data and information that will inform their investment decisions and alert them if they need to rebalance their portfolio a bit.
I think what they're hoping to get is a long-term base of investors, kind of the next generation of investors, who want to do things differently than their parents and grandparents did.
They don't necessarily want to go through stockbrokers and third parties.
They don't like paying commissions on trades and having restrictions on the amount of money that they can put in the market.
Showing 81–100 of 193 · page 5 of 10
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