“It’s never too late to retire early”

19 Feb 2021 | Is this the new SPAC trend of the future?



The Never Too Late Investor

“It’s never too late to retire early”

Is this the new SPAC trend of the future?

Is this the new SPAC trend of the future?
Image Source: Motley Fool

Special purpose acquisition companies, or SPACs, have become the hottest investing trend, with blank check companies raising over $46 billion in the first six weeks of 2021 compared to the $83.4 billion they raised for all of last year. And the numbers are growing exponentially. 



Although SPACs are typically created and sponsored by institutional investors like private equity companies or hedge funds, or even by billionaire investors, we may soon see a different kind of blank check company emerge: The corporate-sponsored SPAC. Now that SPACs are part of the IPO landscape and could become the preferred route of bringing businesses public, we may see even more corporations using the method to generate shareholder value.

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It’s never too late to start saving,

Gordon Fox

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Gordon Fox is the editor of investinglate.com and writes about Investments, Savings, and how to make the most of your money