Beyond Meat's massive run may be getting young investors into some bad stock market habits. investinyou (In partnership with acorns.)
Key Points
One of the potentially worst things that can happen to a new investor is scoring a huge gain the first time they invest in an individual stock. That doesn't mean the best thing a first-time investor can do is lose money. Of course not. But quick gains can give new investors the illusion that investing for quick gains is an actual process, and an easy one. It is not, and it usually backfires.during this amazing run.
The numbers grow larger when you look at younger segments of the population — millennials at 12%, and it could rise even higher for Gen Z individuals. Demographics favor the trend of meatless substitutes. And right now market mechanics are very favorable for Beyond Meat because it's the only game in town if you want to invest in this space.But it is important to have a perspective on past rocket rides.
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