At BroStocks we are all about supporting your aspirations. Start a side hustle that could lead to a successful full-time business. Building your portfolio on Robinhood and other brokerage accounts. Maybe investing in that first piece of rental real estate as your first step to growing your net worth. Tiger 21 is the real-life embodiment … Continue reading What is Tiger 21? Four Lessons From Michael Sonnenfeldt’s Exclusive High-Net-Worth Investing Club
Apple (AAPL) made headlines recently for continuing to post strong numbers even amidst the COVID-19 pandemic. The company also announced that its Board of Directors approved a four-for-one stock split. So what does this mean? You might be under the impression that a stock split is a move utilized for companies that are in financial … Continue reading What is the Difference Between a Stock Split and Reverse Stock Split?
Carson Block is currently one of the most notable short sellers and activist investors in the eyes of the investment public. He has hit some notable home runs, including most recently with his exposure of fraudulent accounting practices at Luckin Coffee, once thought to be the “Starbucks of China.” He remains best know for the … Continue reading Carson Block: Biggest Calls From The Muddy Waters Short-Seller
Steve Eisman is not a name that many casual investors will recognize as readily as Warren Buffett or even Carl Icahn. Mention that he was the lead character in the movie “The Big Short” however, and you will get a strong flicker of recognition. Eisman will be forever immortalized as the protagonist of The Big … Continue reading Steve Eisman: What Calls Has The Big Short Investor Made Since the Financial Crisis?
In a recent post, we talked about the difference between investors and traders, and everything in this post will apply to investors. That is to say, the content of this post applies to people interested in a longer term position in stocks of three or more years. With the historic bull run that the United … Continue reading What are Inferior Goods? 2 Stocks with Potential Durability for a Recession (or Depression)
In February we introduced a concept called The Sleep Easy Portfolio: How to Sleep Easy in Any Market Environment With Just Four ETFs. We had no idea that a historic market crash and ensuing bear market was right around the corner as a result of a global pandemic. While the news has been pretty terrible … Continue reading The Sleep Easy Portfolio: Did Asset Allocation Work During the Coronavirus Market Crash?
Are you a trader or an investor? If you’re new to the stock market this question might seem trivial, but it’s important that you’re clear on the distinction. Many investors make mistakes by taking on the behavior of traders, and many traders often lose money when mistakenly acting like investors. Investors enter positions for long-term … Continue reading Seven Key Differences Between Investors and Traders
Update: On April 7, 2020, NASDAQ halted trading of Luckin Coffee (LK) indefinitely.Update: On May 11, 2020, Luckin Coffee's Board fired CEO Jenny Qian Zhiya, and COO Jian Liu.Driven by a tech savvy strategy combined with efficiently laid out stores, Luckin Coffee went from a concept in late 2017 to having more store locations in … Continue reading What happened to Luckin Coffee? A big blow in its attempt to knock off Starbucks in China
Update July 19, 2020: Stock buybacks are reportedly down 98% over the last year as of June 2020.In the wake of negative United States economic news this month, there's been a lot of talk about stock buybacks. The controversy is this: should major companies that have been buying back their own stocks as a means … Continue reading Why Are Stock Buybacks Bad?
In a recent piece on building a portfolio that can withstand any market environment, we discussed how many considered a 100% stock portfolio as the place to be during the last ten years. Then came a global pandemic and oil price war that set stocks back about 30% year to date. Disappointingly, other asset classes … Continue reading Hiding Places: Profitable ETFs During the Coronavirus Bear Market