GameStop is Soaring— Here's Why, and Investing Advice from a Redditor Who Made Millions on GME
Money Rehab with Nicole Lapin
Money News Network
4.6 • 1.7K Ratings
🗓️ 14 May 2024
⏱️ 10 minutes
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| 0:00.0 | When I'm not hosting this podcast, I am writing books, but it is really hard for me to write when I'm at home, |
| 0:05.3 | so I like to find remote cabins in the middle of nowhere to just hang out and write. |
| 0:10.0 | But I hate the idea of my house just sitting empty doing nothing but collecting dust and definitely not collecting checks. |
| 0:16.6 | And that's why I'm an Airbnb host. It's one of my all-time favorite side hustles. |
| 0:21.0 | Other popular side hustles are awesome too, don't get me wrong, but they often involve big startup costs. By hosting your space, you're monetizing what you already have access to. It doesn't get easier than that. And if you're new to the side hustle game and you're anxious about getting started, |
| 0:34.3 | don't worry because you're not in this alone. Airbnb makes it super easy to host. I mean if I could do it, you could do it. |
| 0:40.6 | And your home might be worth a lot more than you think. |
| 0:42.8 | Find out how much at Airbnb.com. |
| 0:44.8 | host. |
| 0:47.0 | I'm Nicole Lapin, the only financial expert you don't need a dictionary to understand. |
| 0:53.0 | It's time for some money rehab. |
| 0:55.0 | If you thought 2021 was the grand finale of Game Stop shenanigans and I kind of hoped it would because |
| 1:06.6 | Game Stop stock is such a tongue twister, but guess who's back. |
| 1:10.9 | I'm recording this Monday, May 13th, 2024, and as of market closed today, |
| 1:16.1 | GameStop was up 74% for the day. The surge had nothing to do with GameStop's financials because those are not looking so good. |
| 1:25.3 | Tail is old as time. |
| 1:26.7 | Nope, this surge was all because one guy, known as Roaring Kitty, posted on X. |
| 1:34.2 | If you've been listening to money rehab since the very beginning in 2021, you'll remember Keith Gill, |
| 1:39.5 | better known as his online screen name Roaring Kitty. |
| 1:43.0 | Keith is known as the leader of the 2021 meme stock rally |
| 1:46.9 | specifically for Game Stop. |
| 1:49.3 | Keith invested $53,000 in Game Stop in 2019, and at the peak GameStop craze, his 53 grand grew to an estimated |
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