We’ve all heard of, and probably occasionally use Uber for quick and easy transportation. But have you ever heard of Lyft? Lyft is a ride sharing company, like Uber, but smaller and less known. Recently, Lyft’s stocks became available to the general public for investments and trading, but just because you can, does that mean you should? Today Kate Stalter explains why trend investments aren’t always a good idea, along with why smaller companies are sometimes more promising. Tune into this episode of Better Money Decisions to learn why well-known companies, despite gaining popularity, aren’t always the safest or most profitable investment.
Show Highlights:
- Why companies go public with shares
- How investors are rewarded from small companies going public
- Why popular companies aren’t always a good investment
- What makes picking IPO’s risky
- Reasons why you shouldn’t jump into trading because it goes public
- The reality of stocks when companies settle back into real sales and earnings expectations
- Better ways to get your retirement plan aligned with your goals
Links:
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Kate’s Forbes articles:
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Kate’s US News & World Report articles:
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