Ep.12 - part 1 - What happened to GameStop? What is a short squeeze?

Enjoy another exciting episode by Jeff and Jake from The Personal Wealth Coach as they discover what really happened to GameStop.    Exciting questions from listeners are as follows.  1. "Should I bail out the market because everyone is saying the stock market will crash soon?" @41:01 2. "Should I buy a house with cash or low-rate mortgage and invest that cash in the market?" @42:11 3. "Why has the personal saving rate jumped up?" @46:01   Important lessons from this episode are “Borrowing a lot of money to put it in the market is a bad idea” by Jeff McClure. "Behavior changes with trauma" by Jake McClure.    This episode was recorded on January 30th, 2021.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website (tpwc.com).  We are happy to address any of your questions about Economics and Finance.   **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.