How did social media play into the meme stock mania of 2021? What makes the retail investors of today more discerning than ever before? Is there such a thing as no-fee trading? 

Liz sits down with Gunjan Banerji, lead writer for The Wall Street Journal's live markets coverage to talk about the evolution of retail investors, the type of investing they find most attractive, and the ways in which social media can be both a blessing and a curse. Liz also offers her quick take on meme stock investing and where you can start to do your research on investments. 

For more from Liz, read her weekly column every Thursday on the SoFi blog or follow her on Twitter, @LizYoungStrat.

Notable mentions in episode:

00:00 Introduction

06:19 Retail investor preferences (passive or active?) 

10:00 How social media has impacted retail investing and what to consider before turning to social for advice

15:08 Why retail investors aren't the "last to the party" 

19:24 Why investing isn't free 

28:00 Gunjan's hot takes in investing 

29:28 Liz's takeaways from the interview

Additional resources:

The SoFi Daily Podcast: 5-minute daily episodes covering the latest business, economic, and stock market news you need to start your day. The SoFi Daily Pod is available on Apple and Spotify, or wherever you get your podcasts.

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Investing 101 Center: At SoFi, we believe investing is for everyone — which is why we’ve created a hub with info for beginners and experts alike. Start exploring to get investment education, advice, resources, and more.

Wealth Investing Guide: The information you need to know to make your money work harder for you.

Recommended reading:

- Retail Investors: Definition, Pros, and Cons

-Institutional vs Retail Investors: What's the Difference?

-Investing in Retail Stocks