4.6 • 4K Ratings
🗓️ 7 February 2021
⏱️ 29 minutes
🧾️ Download transcript
On today’s podcast, we get an update from Suze on the latest with GameStop and then we go to “Suze School” about investing in Bitcoin.
Website mentioned in today’s episode: https://ark-invest.com/
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0:00.0 | Hi everybody, Susie O'Hare. And I just want to say how proud both KT and I are that once again |
0:07.6 | a Lyon Credit Union is supporting the Women and Money Podcast. I want all of you to go to my |
0:16.4 | alliance.com that's amy-al-l-i-a-n-t.com and you will find their high interest rates on your savings |
0:26.7 | accounts. You're going to find that their CDs are offering great rates and we have a lot of |
0:32.4 | surprises for you this year. So be a member and be a member right now. |
1:03.0 | February 7th, 2000 and 21. Today's a seriously super day. Don't you think I love football? I love |
1:20.8 | football. I love football. What I love most is that KT always sits next to me as we watch football |
1:28.0 | and she gets so into it without even having a clue why she's into it. I just get such a kick |
1:33.6 | out of that. So who are you rooting for today? I'm personally rooting for the Tampa Bay Buccaneers, |
1:40.4 | even though I love home. So it's a quarterback for the Kansas City Chiefs because I just want |
1:46.1 | Brady to go out on top. What can I say? I just want that. Anyway, today we are going back to Suzy's |
1:54.8 | School because I think what's happening out there there are so many great lessons for us to |
2:01.0 | learn how to be really good investors, how to make money in a way that makes sense and not just |
2:09.0 | flashes, just not make a lot of money once and that's it or whatever it may be but slow and steady |
2:15.7 | always wins the race. I don't care what anybody says. So I just briefly want to reiterate a few |
2:24.8 | of my opinions on GameStop just so we can see where are we right now almost two weeks after this |
2:33.1 | whole thing happened. Where do we sit right now? You know GameStop as of Friday was at $63 |
2:43.7 | and 77 cents a share. That is a tremendous loss from where it had gone up to and especially |
2:55.5 | given that the average price that everybody bought into was about $320 a share. That's a big loss. |
3:03.0 | It's about an 80% loss. And while I know that there are people out there saying don't sell, |
3:11.5 | don't sell, don't sell. It's very hard when you're just an everyday person and maybe you invested |
3:19.2 | your student loan money or your stimulus check or something and you see it go all the way down by |
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