In this episode Randy, Jeremiah and Laura come together to discuss articles they have found in the media, ranging from topics about cash reserves potentially entering the stock market, investing in stocks that have seen high returns but may be overvalued, and the importance of diversification and valuation metrics. They warn about fake investment tips using celebrities' names and pump and dump schemes that aim to lure unsuspecting investors with promises of outsized returns. Throughout, they emphasize doing research, thinking long-term, and being wary of opportunities that sound too good to be true.
Reach out at contact@tricordadvisors.com
This week on Building Wealthy Habits:
2:26 - The Influence of Cash Reserves on Stock Market Dynamics
7:36 - The "Magnificent Seven" Stocks: Balancing High Returns Against Risks and Overvaluation
12:40 - The Art of Investing: Diversification Strategies and Valuation Indicators
17:46 - The Lure of Celebrity-Endorsed Investment Scams
22:13 - Safeguarding Your Investments: The Critical Role of Due Diligence in Avoiding Scams
Connect with Jeremiah:
LinkedIn: https://www.linkedin.com/in/jeremiahjlee/
Email: Jeremiah@tricordadvisors.com
Connect with Laura:
LinkedIn: https://www.linkedin.com/in/laura-lee-59a83610/
Email: Laura@tricordadvisors.com
Connect with Randy:
LinkedIn: https://www.linkedin.com/in/rkbarkley/
Email: Randy@tricordadvvisors.com
