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Mindful Money Blog



What IS a SPAC? What’s an NFT? Do I Want One in My Portfolio? Thumbnail

What IS a SPAC? What’s an NFT? Do I Want One in My Portfolio?

The financial press has generated much excitement over the sudden increase in SPACs (Special Purpose Acquisition Companies) and the advent of NFTs (non-fungible tokens). Due to the large sums of money being showered on both, the parody skits on Saturday Night Live, and the involvement of “influencer financiers,” there is a lot of buzz.

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No One “Invests” in Meme Stocks Thumbnail

No One “Invests” in Meme Stocks

Meme stocks, by definition, are NOT investments - they are speculations. One will either double (or more) one’s money - if you get out in time and don’t succumb to your own greed - or lose it all (or more) in too short a period of time to qualify as an “investing” time-horizon.

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