On Wednesday, January 27th, US video game retailer GameStop saw its shares skyrocket to $350 each, from $20 at the end of December.
Bitcoin and other cryptocurrencies are notoriously volatile. However, smart management and good timing can mean serious return on investment.
There has always been a lack of diversity in leadership across all industries, and the investment and finance sectors are no exception.
On December 16, Bitcoin price hit all-time record high. The famous cryptocurrency broke above $20,000.00, an increase of over 170% in 2020. As a knock-on effect, cryptocurrency-related companies’ shares also surged.
Investing in the stock market has never been so popular. Companies such as Amazon and Tesla perform so well that many believe investing in the stock market is easily profitable. For instance, investing £100 in these companies in 2019 would have yielded a 700% return in 2020. The truth is that investing in the stock market only seems easy in hindsight. It is actually a profession in its own right, and requires knowledge, strategy, money, patience and luck. This is why the wealthy usually delegate the management of their portfolio to professionals.
The US elections are taking place in a couple of weeks and both candidates have polar opposite policies.