I Made $50 in Under 1 Second Being a Day Trader

I Made $50 in Under 1 Second Being a Day Trader

In this video, I delve into the world of day trading, demonstrating how I made $50 in under one second. My objective is to guide you through various scenarios and help you determine if day trading could be a viable…

Losing Your Edge as a Day Trader

Losing Your Edge as a Day Trader

If you don’t have an edge when you are day trading, then you are gambling. If you are gambling as a day trader, then it’s only a matter of time before the markets drain your account. The stock market (and…

Stop Asking Me This Question… (Trading Broker & Platform)

Stop Asking Me This Question… (Trading Broker & Platform)

Please! I’m begging you, stop asking me this question! I know this makes me sound grumpy, but I don’t like this question because I don’t like time being wasted. And if you ask me this question, you are wasting your…

This Is What Losing Looks Like: SchiffGold Friday Gold Wrap 10.14.22

This Is What Losing Looks Like: SchiffGold Friday Gold Wrap 10.14.22

The September Consumer Price Index (CPI) data came out on Thursday. Once again, it was “hotter than expected,” despite the Federal Reserve hiking rates by over 3% since March. In this episode of the Friday Gold Wrap podcast, host Mike…

The Dirty Little Secret: SchiffGold Friday Gold Wrap 09.16.22

The Dirty Little Secret: SchiffGold Friday Gold Wrap 09.16.22

We got the August CPI data this week and it came in hotter than expected. Stocks suffered a big selloff. Everybody is betting on the Fed to get even more aggressive in its inflation fight. In this episode of the…

Wishful Thinking: SchiffGold Friday Gold Wrap 05.13.23

Wishful Thinking: SchiffGold Friday Gold Wrap 05.13.23

When we got the March CPI data last month, the mainstream crooned that it looked like we were at peak inflation. This was wishful thinking. The April CPI data that came out this week, along with the producer price numbers,…

The Crossroads Is Looming! SchiffGold Friday Gold Wrap 05.06.22

The Crossroads Is Looming! SchiffGold Friday Gold Wrap 05.06.22

The Fed hiked rates 0.5% this week in an effort to stem the inflation tide. But the economy already looks shaky and the central bank has barely started this inflation fight. Friday Gold Wrap host Mike Maharrey breaks down the…

A Brand New Fed Chair?  SchiffGold Friday Gold Wrap 12.03.21

A Brand New Fed Chair? SchiffGold Friday Gold Wrap 12.03.21

After President Biden announced he was reappointing Jerome Powell for a second term as Federal Reserve Chairman, Powell went hawkish, saying it’s time to retire the word “transitory” when it comes to inflation and talking about speeding up the taper.…

Political Theater: SchiffGold Friday Gold Wrap 07.23.21

Political Theater: SchiffGold Friday Gold Wrap 07.23.21

Pop some popcorn. It’s time for some political theater. Congress is gearing up for another debt ceiling fight. In this episode of the Friday Gold Wrap, host Mike Maharey gives you a preview of the next big Washington DC blockbuster…

The Big Pivot? SchiffGold Friday Gold Wrap 05.21.21

The Big Pivot? SchiffGold Friday Gold Wrap 05.21.21

After last week’s hotter than expected CPI data, gold sold off, following a pattern we’ve seen over the last few months. But in the last week, gold has rallied, knocking on the door of $1,900. In fact, there has been…

Opportunities Lost: SchiffGold Friday Gold Wrap 04.02.21

Opportunities Lost: SchiffGold Friday Gold Wrap 04.02.21

Joe Biden unveiled his massive infrastructure spending plan complete with tax increases this week. The president says it will create “opportunities.” But what about the opportunities that will never be realized because Biden and company went on a spending spree…

Is Compound Interest Hurting You? | Phil Town

Is Compound Interest Hurting You? | Phil Town

Compound interest is powerful, but you must start taking advantage of it early on in your life. Einstein called it the “8th wonder of the world.” Today, I discuss some of the advantages of compound interest, a few pitfalls, and…

Phil's Reaction: The Big Short | Phil Town

Phil’s Reaction: The Big Short | Phil Town

The Big Short is one of my favorite movies. Believe it or not, investors these days can learn a lot from it. Today I react to a classic scene, where Mark Baum realizes the housing bubble is in fact real,…

Berkshire Hathaway Annual Letter Recap | InvestED Podcast

Berkshire Hathaway Annual Letter Recap | InvestED Podcast

Warren Buffett’s highly anticipated shareholder letter was released this past weekend, offering investors a glimpse into Berkshire Hathaway’s inner workings. In this clip from the InvestED podcast, Danielle and I discuss a few key takeaways from the annual letter to…

Biden's 100 Day Plan [Impact on Investors] | Phil Town

Biden’s 100 Day Plan [Impact on Investors] | Phil Town

With Biden in office, we can expect many changes in the first 100 days of his first term. This will involve a new pandemic relief plan, bill and policy overhauls, and so on. Today, I want to highlight what Biden…

How Shorting the Market Works | InvestED Podcast

How Shorting the Market Works | InvestED Podcast

Short sellers can almost be regarded as the “watchdogs” of the market, as they discover inconsistencies or other questionable practices before the entire market does. In today’s clip from the InvestED podcast, Danielle and I discuss the role of shorting…

Is Robinhood Creating a Bubble? | Phil Town

Is Robinhood Creating a Bubble? | Phil Town

Are Robinhood investors creating a bubble that could potentially cause a major market crash? Today I discuss whether or not there might be a market crash on the horizon, and why it’s important for investors to be educated and prepared…

Investable Assets and Risk | Phil Town

Investable Assets and Risk | Phil Town

Everyone’s reasons for investing and personal risk tolerance are different, so you have to decide which investment types suit your lifestyle, timeline, goals, and risk tolerance best. In today’s clip from the InvestED podcast, Danielle and I discuss investable asset…

Is Hyperinflation Coming? | Phil Town

Is Hyperinflation Coming? | Phil Town

As a result of the pandemic, the government has attempted to help people with aid such as stimulus checks and small business loans. Today, I want to discuss why this kind of spending has a lot of people worried about…

GameStop Stock: More Regulations? | Invested Podcast

GameStop Stock: More Regulations? | Invested Podcast

Reddit investors just launched an “attack on Wall Street” by purchasing shares in GameStop and pushing the stock price up over 480% last week. In today’s clip from the InvestED podcast, Danielle and I discuss the GameStop short squeeze and…