Tom Gardner

mid-April.

And that's an unbelievable rate of return over a handful of months.

So this is a time to take stock of where we are with our portfolio and make sure that we're not reaching in a speculative way to try and pull forward returns.

If you're going to be speculative, you're going to be aggressive, you're going to be bold.

Let's do that at the market bottom.

when everyone's scared, then you can start to add risks in, right?

Because you're getting better prices.

This is not the time to increase your risk.

It's time to reduce your risk.

And we mentioned in that first call that options, very risky the way many retail investors use them, right?

Leverage, margin debt, nearing all-time highs, not a good idea.

We also talked about

low-priced stocks under $10 a share.

Not a good idea for most investors.

Occasionally, you might find a great company with a share price down below $10 a share, but for most people, no, let's not do that.

And then finally, I'm going to add to the category of speculation that we see happening in the US and around the world is a lot of sports betting.

And start using your GPT to prompt away and really look at the odds of sports betting.

If you're going to do it, it should be a light entertainment.

And for most people, it's better to just stay away from it altogether.

Enjoy the sport for what it is, right?