Why Investors Should Be Wary of SPACs

By Jody Chudley In the winter of 1928, Joe Kennedy (John F. Kennedy’s father) decided to have his shoes shined before starting work.
Little did he know it would be the best nickel he ever spent…
Without that shoeshine, there is a good chance we would have never heard of JFK.
As the shoeshine boy was finishing, he looked up at Joe Kennedy and offered him a stock tip: “Buy shares of Hindenburg.”
Joe Kennedy walked promptly back to his office and started to sell his stocks.
As Joe Kennedy later put it, “When the shoeshine boy starts handing out stock tips, you know it is time to …read more

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