PSA Thursday Part II: Let the People Trade!

from Afford Anything | Make Smart Money Choices · host Paula Pant, Personal Finance Expert | Cumulus Podcast Network

This morning, almost every major brokerage halted trading on the most volatile stocks, including GameStop, BlackBerry, Bed Bath & Beyond, Nokia, and AMC Theaters. We're in a situation where major trading platforms are blocking retail investors - us - from placing trades, while allowing hedge funds and institutional investors to drive prices. That is not a free market. When you don't let people buy, and you don't let people sell, you're locking people out of the game entirely. Yesterday, I was worried that grandma and grandpa would make the wrong investment choices and irrationally bet their life savings away. Now, they're prohibited from making any choice. 🤯 We deserve the right to make our own trading decisions. For the latest updates, follow me on Instagram (https://instagram.com/paulapant) Learn more about your ad choices. Visit podcastchoices.com/adchoices

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This episode was published on January 28, 2021.

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