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3 new meme stocks on WallStreetBets
By Dr Wealth  •  February 1, 2021
GameStop saga continues and has got the world’s attention on a group of individuals hanging out on Reddit – r/WallStreetBets (WSB). At the time of writing, the number of people on WSB has surpassed the population of Singapore. Here’s a piece of history: I wanted to make a list of the bets by WSB as there were a handful of them under attack and probably more coming up. Easier to keep track this way. But before we begin, I want to be a downer on this. Don’t take this as an endorsement to participate. If you want to participate, do it only with money you can afford to lose. It is not easy to resist getting caught in the frenzy or the lure of astronomical returns. You might think of betting big and make millions so you can retire. No. That’s gambling. What if you lose all that money? Think of the downside first before the gains.
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By Dr Wealth
Dr Wealth provides trusted financial education to individuals. We teach researched and actionable investment methods so that our graduates are successful in their investment journey and achieve market-beating returns.
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