Rise and shine, it’s bacon time!
July was a busy month for Bacon Bits — here’s what we cooked up in case you missed it.
How Investors Can Take Advantage of Actual IPO Prices Without Being Super Wealthy
Recently, SoFi and Robinhood have unveiled new features on their platform that enable their members to access IPOs at their offering prices. In other words, investors can access the real price of an IPO — not the one a stock opens at on the market. For instance, Airbnb opened at $146 during its IPO, but its offering price was $68.
Usually, the offering price is reserved for institutions and ultra-wealthy individuals. That’s starting to change. If you’re curious, I outline how you can take advantage.
7 Little Signs That You Waste Too Much Money
I used to waste so much money on unnecessary, temporary satisfactions like smoothies and Vietnamese takeout (I freaking love a good bowl of pho). My transition from banking to freelance writing forced me to reevaluate my spending habits. However, you might not have an equivalent life catalyst to make you rethink your budget. So, I walked through seven subtle signs that you may be drifting out of your financial lane.
99% of Successful Investors Do 2 Things Before They Invest Their Money
I know, I know — that’s a little clickbaity. It was an experiment. The “2 things” are setting price targets and formulating exit plans for individual investments. I shared a relatively straightforward way to determine what a stock price could be in the future and how to exit your investment profitably and safely.
And if you’re interested in my fundamental analysis of select stocks, I also welcome you mosy on over to Due Diligence — in July, I covered ASML, Clover Health, and Robinhood (who, as expected, flopped during its IPO yesterday).
That’s all for now — have a lovely weekend.
Stay sizzlin’,
Carter Kilmann