Podcast Summary
Moby investing app: A jargon-free investing app, Moby, created by former Morgan Stanley investors, offers daily market updates and personalized stock picks, consistently outperforming the S&P 500 by over 11.9% in the past 4 years, making financial education and investing accessible and understandable for all.
Moby, a new jargon-free investing app, can help make financial education and investing more accessible and understandable for everyone. Created by former Morgan Stanley investors, Moby provides daily updates on financial markets and hand-picks stocks based on individual investing styles. With a consistent track record of beating the S&P 500 by over 11.9% for the past four years, Moby is an excellent resource for building confidence in investing and growing wealth. Even millennial investors like Sim and Maya, who were unaware of Donald Trump's investment background, can benefit from this app. Join over 5 million people investing smarter, happier, and safer with Moby. Sign up for Moby Premium using the GTA code in the episode description box and get a full year for just $8.25 a month.
Trump's net worth surge: Former President Trump's net worth unexpectedly increased in 2024 due to his social media company's public offering and meme stock status, despite past impeachment and fines, raising questions about potential consequences and implications for public figures.
During the year 2024, former President Donald Trump's net worth significantly increased due to the public offering and meme stock status of his social media company, despite his past impeachment and fines. This unexpected turn of events raises questions about the potential consequences of such actions and the impact on individuals' public perception and financial gains. While the exact details of Trump's business ventures and the reasons for the surge in his net worth are yet to be explored, it serves as a reminder of the complexities and unpredictability of the business world and the potential implications for public figures.
Trump's social media platform: Trump launched Truth Social, a publicly traded company allowing him to bypass social media rules and reach supporters directly, but investing in DJT carries risks due to uncertain financials and political implications.
Donald Trump has launched his own publicly traded company, DJT, which includes his social media platform Truth Social. This comes after being banned from mainstream social media following the Capitol riots in January 2021. Trump Media and Technology Group, the parent company of Truth Social, was incorporated and trades on the NASDAQ market. Trump owns at least 58% of the company. The creation of this alternative platform allows Trump to bypass traditional social media rules and reach his supporters directly. The DJT stock is a way for investors to gain exposure to Trump's business ventures beyond Truth Social. However, it's important to note that investing in DJT carries risks, as the company's financials and long-term prospects are uncertain. Additionally, the political and social implications of investing in a company tied to a controversial figure like Trump are significant.
Stock price vs company performance: Investors make decisions based on future expectations, not current performance, which can lead to stock price trends that don't align with a company's performance.
The performance of a company and the performance of its stock price don't always align. Donald Trump's social media company, Truth Social (DTG), experienced a decline in downloads from over a million to 40,000 a month. However, the stock price continued to surge. This is because investors make decisions based on future expectations, not current performance. For instance, when Meta reported strong profits and revenue a few years ago, but TikTok was gaining popularity, Meta's stock price dropped significantly. Similarly, even though DTG's downloads are declining, some investors may believe in Trump's influence and potential future growth, leading to the stock's continued surge. It's an important reminder that stock market trends can be influenced by factors beyond a company's current performance.
Trump stock manipulation: Trump supporters manipulated the stock market by buying and driving up the price of Trump's company stock, resulting in significant growth despite lackluster performance.
The surge in Donald Trump's stock price from January to March 2024 was not due to the company's improved performance, but rather a result of mass buying and manipulation by his supporters. This behavior, reminiscent of the GameStop stock frenzy, was driven by online communities, and the collective action led to an increase in demand and subsequent price rise. The rally was fueled by Trump's followers' desire to support him financially and manipulate the market. Despite the companies' lackluster social and financial standing, the Trump stock saw significant growth due to this unique phenomenon.
Investing in DJT stocks: Assess a company's long-term prospects and compare it to other established companies before making an investment decision for sustainable, long-term growth.
While the rapid increase in donations to Kylie Jenner's charity page is a fascinating phenomenon, it's essential to approach investing in DJT stocks with a long-term perspective. The potential rewards include the possibility of stable, long-term returns if you believe in the underlying asset's growth potential. However, investing with the hope of making a quick profit is risky and may not yield significant returns. Instead, it's crucial to assess a company's long-term prospects and compare it to other established companies before making an investment decision. While the allure of quick profits can be tempting, it's essential to remember that sustainable, long-term growth is the key to successful investing.
Trump Media and Technologies Group investment risk: Despite Trump's reputation, investing in Trump Media and Technologies Group comes with high risks and uncertain rewards, exceeding normal stock valuation metrics, subject to extreme fluctuations, and unlikely to yield abnormal returns for retail investors.
Investing in Trump Media and Technologies Group comes with high risks and potentially low rewards. According to Forbes, the stock has exceeded all normal stock valuation metrics and doesn't compare to any other publicly traded company. The initial surge in share price has already dropped significantly, and it's unlikely for retail investors to get abnormal returns. The stock's value is highly speculative and subject to extreme fluctuations, making it a risky investment. Furthermore, Donald Trump's reputation may influence the public's perception of the stock, but personal beliefs and values should not be the sole determinant of investment decisions. It's essential to carefully consider the risks and potential rewards before investing in any stock, especially one as unconventional as Trump Media and Technologies Group.
Trump Media and Technology Group: The association with former President Trump has made TMTG a highly polarizing entity, leading to significant volatility in its stock price and accusations of market manipulation and illegal short selling.
The Trump Media and Technology Group (TMTG) Corporation, a publicly traded company, has become a highly polarizing entity due to its association with former President Donald Trump. This polarization has led to significant rallies and drops in the company's shares, with some investors strongly supporting the company and others avoiding it altogether. The CEO of Trump Media, Devin Nunes, has accused other parties of market manipulation and illegal short selling of the company's shares. The controversy surrounding the company has escalated to the point where the CEO has gone to Nasdaq to report potential wrongdoing, drawing comparisons to past political controversies. Despite the controversy, TMTG continues to trade on NASDAQ.
Trump Media and Technology Group risks: Despite a surge in valuation, Trump Media and Technology Group comes with significant risks due to its speculative nature and exceeding normal stock valuation metrics. It's important to make informed decisions based on individual circumstances and thorough research.
While there has been a surge in the valuation of Trump Media and Technology Group (DJT), it comes with significant risks due to its speculative nature and exceeding normal stock valuation metrics. The hosts, Maya and Sam, have decided not to invest in the company, emphasizing the importance of making informed decisions based on individual circumstances and thorough research. The podcast encourages listeners to educate themselves and not rely solely on their personal beliefs or values when making investment decisions. The hosts also remind listeners that Girls That Invest does not provide personalized investing advice and should not be relied upon as a substitute for professional financial advice.