Despite being a "mile chaser" for many years, given the uncertainty in air travel, i have also noticed that i have been going down the instant gratification route of Cashback with the LF card.
The Meme stock fever has been back on over the past few days but it's definitely not for most investors. Within minutes, AMC in particular can move up 20% and then fall by 30% and as pointed out, there's nothing fundamental driving up these stock prices. It's just momentum from retail "investors".
While I liken trading in these stocks more like speculating rather than investing, we will all be tempted to try, given these sharp moves we have experienced so far. But when we do, I think we should limit it to smaller tactical amounts. The bulk of anyone's investment portfolio should still be formed from core, diversified holdings.
Despite being a "mile chaser" for many years, given the uncertainty in air travel, i have also noticed that i have been going down the instant gratification route of Cashback with the LF card.
We went through this phase with our kids and I recall seeing this as a positive thing that they were starting to articulate their opinion/ preferences on things. 5 years down and it's not cute anymore whenever they complain about their vegetables!
In their toddler years, we all probably try to expose our kids to different kinds of food. I suppose it is only natural that they will start developing preferences!
