Today we're going to talk about one of my favorite things... Taking profits!
When investing in SPACs there's an event that often causes the security to rise 10%, 20%, or even 50% overnight. But you have to know what this event is and act quickly... Because there is usually only a one or two day window to maximize your profits.
Watch this video to find out what that event is and when to sell.
Today I'm drinking a Willow Double IPA from the Outer Range Brewing Company in Frisco, CO. This was an amazing brewery with several top notch IPAs on tap... My only regret from going there was not being able to try them all.
0:00 Intro
0:20 Disclaimer & Beer
2:00 SPACs
5:00 Examples of When to Sell