Scott Stewart has been trading for decades. He has acted as an analyst and educator on the stock market for just as long. As your Rich Dad's Weekly Cash Flow analyst, Scott works tirelessly to ensure you know everything you need to do when entering into new positions, and adjusting trades as you go along. He's provided countless hours of education material, through his multiple weekly videos, and his extensive "Cash Flow Zone Academy" training series, and the weekly FAQ page updates. All available to Rich Dad's Weekly Cash Flow subscribers.
The Archegos Capital meltdown reminds us that attempting to corner and control stock prices with a temporary blitz of buying or selling is the opposite of “bringing a fair price” to a stock. It brings a distorted, temporary, and fake price to a stock. With SHOP being on the list of stocks that Archegos has owned in the past, it’s not surprising that Shopify is a company that is long on narrative about dominating some future version of the world, but short on tangible financial results.
In this month’s update, Scott gives a review of our portfolio as it currently stands. He discusses each open position and also gives an update on the SCHW adjustments we have working in the portfolio as well. Watch the full video update here.