“Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down.” — Warren Buffett, “The Sage of Omaha.”

 “Give a man a fish, and you’ll feed him for a day. Teach a man to fish, and you’ve fed him for a lifetime.” — Chinese Philosopher Confucius (551 BC – 479 BC)

It’s nobody’s business what you decide to do with your $1,400 stimulus payment.

Exercise your economic freedom: It’s your money, it’s your decision.

Yes we all need to recognize that way-too-many are living paycheck-to-paycheck, desperately trying to make ends meet. They can’t invest. Others have astronomical credit-card or student debt payments. Maybe the stimulus windfall can reduce the principal owed, if not eliminate the total?

There are those who want to provide that money to their favorite charity, and that very well could be their own household. And still others are better off and can afford to stimulate the economy with the stimulus.

If not already participating in the markets, how about becoming a retail investor? Your stimulus payment may serve as your personal catalyst to the world of ‘Buy Low Sell High.’

Almost DailyBrett taught Corporate Communications/Investor Relations to millennial public relations students at both the University of Oregon and Central Washington University, including leading debates whether Wall Street was indeed, gambling.

Learning how to invest and succeed on Wall Street is a lifelong skill. As they say on every flight: “Put on your own mask first before assisting others.” How can we help other, if our own fiscal state of affairs is not in order?

Lately, some elites from The Citadel of Infinite Wisdom (e.g., Washington, D.C.) seem to be getting their collective bowels in an uproar about young retail investors, digital trading platforms (e.g., Robinhood) and internet communications (e.g., Reddit) to invest and trade in stocks.

They should be protesting and marching not trading and investing. Right? Nope. It’s their decision.

The Democratization of Wall Street

One of the first moves toward democratizing Wall Street for those with just a shekel or two to invest was the establishment of retail trader, Charles Schwab Corporation in 1975.

Long before PCs, widespread digitization and the Internet, Schwab was offering retail investors an opportunity to compete against the Buy Side (e.g., mutual funds and pensions) and the major investment bank Sell Side (e.g., Goldman Sachs, J.P. Morgan, Morgan Stanley).

The explosion of disruptive technologies led to where we are today: Instantaneous global commission-free digital trading platforms where the Buy Side (e.g., PERS), Sell Side (investment banks) and Retail Traders (Charles Schwab) can all invest and prosper.

There are more than a few Washington D.C. types, who are concerned about the emergence of Millennial an Z-Gen retail traders. ‘These inexperienced traders could lose money. We must regulate. We must tax individual trades. We must save these young investors from joining the investor class or worse — becoming libertarian and (gasp), neo-liberal-oriented, Republicans.’

Almost DailyBrett must counter these glass-half-empty naysayers: These millennial retail investors can also make money and start building lifetime wealth. They may not need or want the “assistance” of government, save Social Security. They can do it all on their own, thank you very much.

Will every trade be a good trade? Of course not. Will they learn from their mistakes? If they do, they will get better.

If the DC elites must regulate — its their raison d’etre, — then go after $1 trillion market cap Bitcoin. As Secretary of Treasury Janet Yellen said it’s speculative. Translated: There are zero income statements, balance sheets, cash-flow statements, annual reports, quarterly earnings, absolutely nothing that makes for a smart investor.

And heaven forbid, if non-transparent Ponzi Scheme Bitcoin is being used for money laundering. Isn’t secrecy the point? How does the investor know where his or her money is going and why? It’s a ‘crypto-currency.’ What does that mean? Is it the Euro in ones-and-zeroes? Don’t think so.

We have hard-won economic freedom in the United States of America. After all the hue and cry about about T. Boone Pickins and his hostile corporate takeovers, some dared to say: “Let the raiders,, raid.”

Now that the calendar has flipped to here-and-now in the 21st Century Almost DailyBrett says to all those receiving $1,400 stimulus checks: ‘It’s your money. It’s your decision. We have economic freedom in America. If you wish to invest in our markets to stimulate our economy, go for it.’

Buy Low Sell High.