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Reddit market craze not something worth investing in; shouldn't affect everyday investors, says Investment Advisor | 620 CKRM The Source


By Josh Sigurdson
Jan 29, 2021 2:12 PM
The recent craze of “Reddit Investors” surging the stock market is something that regular investors don’t have to worry about, says Investment Advisor Brian Golly.
The phenomenon started a few days ago, after a group of Reddit users decided to go against large hedge funds betting against failing companies. The resulting effort has skyrocket stocks in companies like GameStop, ACM, Blackberry, and Macy’s.
Golly, with Smart Investing Solutions, says people who play the market on an everyday basis don’t need to worry about their investments.
“As for the everyday investor on the street, working with an investment advisor, that doesn’t really affect us in any real way,” said Golly. “We probably wouldn’t have had any exposure to any of those ‘lousy companies’ because their balance sheets didn’t make a lot of sense. We focus on quality and price, that’s informed investing, and that’s directed ....

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