Ep 34: Gamestop Stock Mania

Whether you follow the market closely or not, you’ve probably seen the headlines about Gamestop stock. Join us as we get Dale’s perspective on what’s happening, what’s next, and what lessons we can take from this.

The Game Plan

If you ever doubted the unpredictability of the market, just look at what’s been happening with Gamestop stock and a few others over the past couple of weeks. It’s been remarkable to watch the stock climb to unthinkable highs and the resulting actions taken by financial services companies.

On this episode of the podcast, we’re going to turn to Dale to get a better understanding of what’s actually causing these huge swings. Plus we’ll hear about investor habits during these huge gains and what planning lessons we can learn from Gamestop.

Listen to the full episode or click on the timestamps below to skip around to specific topics.

The X’s & O’s

Check out the timestamps below to skip around to specific topics on the show.

[1:37] – Gamestop stock

[3:15] – Dale’s view of what’s happening

[6:24] – People chasing gains

[9:13] – What we’ve seen from clients

[10:51] – Lessons we can learn from this

 

“If you can afford to lose it, then it’s fine. But otherwise if it’s your retirement, you certainly don’t want to get involved in that because it’s just too much speculation.”

– Dale Tondryk

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Show Host

Dale Tondryk - The Coach

Dale Tondryk is president at Tondryk Wealth Management, LLC. He has more than 30 years of experience in the insurance and annuity industry and holds a Bachelor’s of Science from Southwest Minnesota State University.

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