Schwab's take on SPACs

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garlandwhizzer
Posts: 3565
Joined: Fri Aug 06, 2010 3:42 pm

Schwab's take on SPACs

Post by garlandwhizzer »

Article by Liz Ann Sonders for those interested in this recently popular phenomenon.

https://www.schwab.com/resource-center/ ... -to-market

Garland Whizzer
secondopinion
Posts: 6011
Joined: Wed Dec 02, 2020 12:18 pm

Re: Schwab's take on SPACs

Post by secondopinion »

I like to know how one is even supposed to reasonably price such an investment when nothing has been bought to even determine a price.
Passive investing: not about making big bucks but making profits. Active investing: not about beating the market but meeting goals. Speculation: not about timing the market but taking profitable risks.
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