GameStop Shares - A Very Wacky Miniseries

The GameStop saga that happened in late 2020 led to the massive rise in the price of GameStop shares. The amount of money that was lost is wild, like $20 billion was lost in the squeeze. But it's a pretty engaging, entertaining video of a pretty crazy story.

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We recently created and conducted a very interesting survey based on financial goals, and today, we get to share some of the data we collected and the answers that were given to the questions. Although there are some definite limitations to our expertise as surveyors and data collectors, the findings are most definitely illuminating, surprising, and useful. Listeners will get to hear a bit about the process of building the survey as well as some of the raw numbers and data before we get into the list of goals that were submitted, collated, and ranked. We also share some of the ways that these were split across demographics such as age and gender. Apart from this focus on the survey, we share some thoughts on Eat the Rich, Coin, and The Next Millionaire Next Door, and finish off the show with some very impactful letters from listeners that we have received recently.

Key Points From This Episode:

Thoughts on the new Netflix show, Eat the Rich, and the story of GameStop. (0:01:58)
What to expect on the podcast in November during Canadian Financial Literacy Month. (0:05:17)
Reflections on the new film, Coin, and the founding of Coinbase. (0:08:08)
Introducing the results from our recent survey on goals. (0:11:23)
The process of building the survey and the questions we included. (0:18:22)
A look over the basic data of the survey. (0:22:27)
Popular objectives from the survey and how these were split across different demographics. (0:23:17)
The answers that were given in relation to each specific question. (0:28:02)
Developing best practices for goal setting for an advisor environment. (0:30:17)
Limitations to our expertise in designing this survey and analyzing the data. (0:32:43)
Running through the complete list of goals in order. (0:34:29)
Introducing this week's book discussion on The Next Millionaire Next Door. (0:39:46)
Standout findings from the research that was conducted for the book. (0:44:00)
Utilization of an 'expected net worth test' in the book. (0:49:50)
A look at some of the listener messages we have received lately. (0:52:29)