Another month with plenty of financial news means you probably have some questions. On this episode of Saving the American Dream, we’re opening up the mailbag to find out what’s on your mind.
Most people have probably heard that Elon Musk sent a letter offering to buy Twitter and take it private. That brings us to our first question:
Christine asks: “There’s some interesting stuff happening with Twitter. Have you heard anything about this? And do you think the right now is a good investment opportunity?”
There’s a certain segment of the population that would be very happy if Elon Musk were to take over Twitter because of his political beliefs and what they feel he would do to the company.
And then there’s another segment of the population that would prefer that he not take over Twitter because then he would let Donald Trump tweet again, probably. And that segment of the population does not want to see what Donald Trump tweets, because it makes them angry.
So, does this create a potential vestment opportunity in Twitter for just a regular everyday investor? The answer to that is we have no idea because we don’t know how it’s going to transpire. We don’t know what’s going to happen over the next week, over the next month, over the next five years, 10 years, or how this is going to impact the future of the value of Twitter.
We just need to focus on the basics, which is diversify, rebalance and own stocks.
That’s the biggest story in recent weeks but we also got a great question about paying for college that we’ll dive into and we’ll also talk about how to invest a life insurance payout.
Navigating the Show
[1:52] – Invest in Twitter?
[8:02] – Private college
[10:20] – Financial advisors and budgets
[11:24] – Crying about money
[14:16] – Too much in the bank?
[16:19] – Life insurance
[18:43] – Husband refuses to retire
“You’re not supposed to bet with your heart, because if you do, you typically lose.”
– Michael Schulte