Highlights from the podcast:
Bumped! - I found out about the “Bumped” app. This app supposedly will let you link your debit or credit card to the app. How it works is that when you make a purchase at one of their affiliated, publicly traded companies, you will receive a portion of your purchase in the form of a fractional share of stock in that company. For example, if you eat at McDonald’s, when you use your linked card at the restaurant, you will receive fractional shares of McDonald’s stock. - I downloaded the app from iTunes and created an account, however it said that I’m on a waiting list. - As soon as I’m accepted and I begin using the app, I’ll update you via the podcast.
Recession Gonna Happen?
While not good for the economy, long term investors in the stock market would benefit from a recession. The reason is, stocks would be on sale if a recession happened. You could get some really good deals on stocks if the market started falling. While this would be good for people That are young, it would be hard on people that are retiring and are counting on being able to with draw money from their 401(k).
More than likely we are due for a recession sometime soon however it may not happen for quite some time. My plan for stocks is this:
If you have enjoyed this podcast, please leave me a 5 star rating. Also, please leave me a voice message with any questions or comments. You can also feel free to email me at benstockguyhere@gmail.com. Also, I have a YouTube channel as well. It’s called “Rad Revenue Review”. Please look it up if you’re interested in seeing different videos regarding the stock market and other investing ideas and topics.
Thanks for listening!
Ben
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