During the latest episode of Coffee with Katherine, Tiffany Aliche, the Budgetnista, discussed the GameStop (GME) – Get Report saga and what investors should do about these volatile names that have so quickly caught steam on r/WallStreetBets.
Aliche expressed concern that investors are jumping into stocks without truly understanding the fundamentals.
“I tell folks, too, remember investing is not just the market,” Aliche warns. “You might want to lean into real estate because I think that there’s going to be a bubble there. I believe in investing in businesses as well, I invest in my own business. If you’re in the market, then there’s nothing wrong with staying in the market, but I don’t believe in leaning heavily towards volatile stocks. I’m still kind of a set it and semi forget it and think long-term when it comes to investing.”