The SEC’s ‘Investomania’ Videos Are Silly, but Financial Advisors Like Their Message
“As new investors are drawn into the market—some of whom may be investing funds they received from government stimulus checks—reminders that investing is not gambling are needed,” said Gene Balas, investment strategist at Signature Estate & Investment Advisors (SEIA). “Meme stocks, cryptocurrencies, and other similar instruments fluctuate sharply from day to day or even hour to hour—even though the intrinsic value of these investments is far from clear.”
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