Will You Follow Financial Advice From TikTok and YouTube?

Surveys show that 34% seek financial advice from TikTok, 33% obtain financial advice from YouTube, while only 24% seek advice from financial advisors.

avatarTiger_comments
02-02

Would you seek financial advice from TikTok or YouTube?

With the development of the internet era, social media's influence is growing, and so is its impact on investments.Surveys show that 34% seek financial advice from TikTok, 33% obtain financial advice from YouTube, while only 24% seek advice from financial advisors. As individual investors, where do you get investment advice?TikTok has captured the hearts of most users due to its short content format and straightforward expression;YouTube provides videos of around 10-20 minutes, allowing investors to gain a deeper understanding of financial concepts;Pro financial advisors can provide detailed investment plans and advice, but generally at a high cost.Retail investors want pro and free financial adviceMost investors may want to obtain investment tips from professional financial expe
196963
Would you seek financial advice from TikTok or YouTube?
avatarRickPANDA
02-02
$Tiger Brokers(TIGR)$  PCT: Where RickPANDA Get Data v10.0 : PCT = Pandas Coffee Talk. Data Source: 1. Google AI called Google Search. Every morning. Me will search: CNN fear index called fear index for short + world news + singapore news + market news. 2. Tiger Feed. Tiger continuous news feed have shown to be latest updated & are to make you earn more money. Not for you to buy unnecessary tickers for them to earn more sales commission. Their community news are also very seasoned experts who willing to teach. Or newbies who telling you not again repeat the same old my mistakes. 3. Apple News Feed. Hourly headings update on my home screen + plus 3Tickers BTC GLD QQQ on my Apple Stock Home Screen feed. 4. Then Tiger results of Girl Po
532
avatarDisciple Huang
02-03
$Tiger Brokers(TIGR)$  Today,  the proliferation of financial advice on platforms like YouTube and TikTok has democratized access to investment strategies and financial education, but it also presents a unique conundrum regarding the reliability and motivations behind such advice. The allure of self-proclaimed financial gurus offering a pathway to wealth and financial freedom is undeniable, yet it's critical to approach their content with a healthy dose of skepticism. Many of these influencers are entangled with ulterior motives, primarily revolving around the sale of trading courses or services, which may not necessarily align with the best interests of their audience. A fundamental issue with following these financial gurus is the lack
583
avatarHaizCashAcc
02-02
$Tiger Brokers(TIGR)$ The irony is financial advisors are incentivised to sell products, not educate on financial information. Without any sense of commitment to buy, FA generally won't be interested to continue conversations. The most probable solution is to seek advise from all sources but inject a level of "wisdom" to identify what you really need vs what is "sold" to you.
543
avatarMillionaireTiger
02-01

Share Your Financial Influencers and Must-Visit Forums, Share the Wealth of Knowledge!🚀💰

Welcome to Thursday Special!Today is all about sharing – let's share our favorite financial gurus and go-to forums that keep us hooked and educated.Whether it's individual stock analysisdata interpretationchart insightsor even the latest meme trends related to finance……everything is fair game!💡As for me, I've been following @unusual_whales and @barchart on Twitter for the new moves and charts.🔄 Your Turn!: Feel free to share your favorite financial influencers, be it bloggers, renowned figures, or the forums you frequent for insights. 📢 Tag Your Favorites!:Please remember to mark the blogger’s name and platform, if you like a blogger from Tiger Community, please tell us loudly and tag his name! ! !Happy sharing, and may your portfolios be evergreen! 🌿💹🎁PrizesComment Rewards:Tigers who leav
2025
Share Your Financial Influencers and Must-Visit Forums, Share the Wealth of Knowledge!🚀💰
avataricycrystal
02-03
some financial advisors have turned to Tik Tok / YouTube and other social media platforms to talk about financial, investment, etc. these are the platforms that can reach masses and gain a wider audiences. some of them are actual financial advisors while some... not quite so I guess it's good to listen to them (those legit ones), their analysis, explanation, etc... however, please do not take their words and invest blindly without doing further research as they may not be always right in their predictions. take charge of your own finances and investment and always trade within limit. always remember to have risk management and have a diversify portfolio. this way, you can ensure you sleep well at night. @
222
avatarWellhung73
02-03
$Tiger Brokers(TIGR)$ There's only so many ways any thing in life should go your way or theirs . But what I can say is you generally no if it's worth listening to and any one wanting to tell you half a story and ask you to spend money certainly are not what you want to listen to . Like anything in life don't beleive in everything you here nd that goes both ways  Anyhow Goodluck the power to you! 
344
avatarmgjk88
02-04
Yes, here's my point of view: I mainly follow financial advice from Youtube as the video format tends to be longer in duration and can therefore delve deeper into the topic discussed.  I prefer videos that are evidence-based and with little bias towards their holdings. The topics of videos I watch are usually about the macroeconomy or about investment concepts such as margin trading and risk managememt. These help me to better understand the macroeconomy and learn about financial concepts. [Miser]   Occasionally, I would watch videos on portfolio reviews to get inspired [Happy]  . However, by their very nature, it is impossible for financial advice from Youtube or TikTok to be the best as everyone's personal financial situation is different. Fin
201
avatarBonta
02-03
When it comes to sg stock investments, i do follow content from https://singaporeanstocksinvestor.blogspot.com. AK71 has been doing dividend investing for many years and his passive income has reached jaw dropping levels. His 2023 annual passive income is $231,495.19. Almost 20k per month. When it comes to overall markets, i do follow @Adam Khoo for his insights, esp for us and china markets. He provides in depth analysis and shares his views freely. When it comes to options, i follow https://www.tastylive.com. They are option traders who share openly on option knowledge, strategies and also in depth analysis with regards to anything related to options. Key point that i have to emphasize is that, we can follow whoever we want, but
61
avatarCory2
02-04
I wonder about who creates the content on these sites/apps and for what agenda. I feel there are a lot of avenues for online information which are only there to make noise and steer you to a dead end. People go on and on about liquidity and how there’s not enough for everyone to get rich. So isn’t it in some of these “news” source companies to misinform the reader or viewer in order to get them to invest in chatter, rather than quality, good growth stocks using strong analysis of fundamentals, technicals, global business news etc.? Sorry, but for me “Motley Fool” is one of these chatter “news” sites. I used to follow some of their advice about “winning” stocks, and lost out every single time. They need some people to lose their $, so that prices of the real “winning” stocks can be relative
Repost1
avatarBonta
02-03
When i first started my investment journey, there wasn’t tiktok. Youtube was mainly used to watch funny or music videos. Maybe it was a gd thing then. I had to camp in libraries, borrow books to learn about investing. It was a slow and painful process. But i felt that it was worth it, as there are many frauds and self professed experts in youtube and social media. When we dig further into their background, there are those that have fake asset values showing fake results, those that only show winning trades, those that only have 1-2 years of experience and behave like they are subject matter experts, and they love to find income aside from stock or option investments (selling of courses and softwares, or “handholding”). Its wild wild west out there. Anyone can buy a gun and start shooting
22
avatarramius75
02-03
$Tiger Brokers(TIGR)$ The credibility of the source giving the financial advise or information is a more important consideration than what platform it is coming from. If Warren Buffet is on TikTok, I will be on TikTok too.  Also, it is pertinent to get advise from multiple sources regardless of platform, so that better and informed decisions can be made. It is unwise to rely on just one source of information or advise.  Do your homework!!
211
avatarkoolgal
02-03
🌟🌟🌟Investing is very much a personal journey and while it is good to learn from the experts, it is important to be cognitive of the pitfalls of following blindly.  I like to read the latest news from Wall Street Journal, Reuters as well as our local papers like Business Times and the Edge.  I do watch YouTube videos too but I am selective on these.  I also subscribe to Tiger Trade Feeds where I can find out how some of my Tiger Friends are trading.  It is a valuable resource and together with other articles that Tiger Brokers post daily, I get a snapshot of the latest news on the financial markets.  Ultimately the onus is on me to decide which news are relevant and appropriate to suit my investing strategy.
@Tiger_comments:Would you seek financial advice from TikTok or YouTube?
31
avatarHappy Bear
02-03
Replying to @koolgal:DYDD is always the best haha//@koolgal:🌟🌟🌟Investing is very much a personal journey and while it is good to learn from the experts, it is important to be cognitive of the pitfalls of following blindly.  I like to read the latest news from Wall Street Journal, Reuters as well as our local papers like Business Times and the Edge.  I do watch YouTube videos too but I am selective on these.  I also subscribe to Tiger Trade Feeds where I can find out how some of my Tiger Friends are trading.  It is a valuable resource and together with other articles that Tiger Brokers post daily, I get a snapshot of the latest news on the financia
RepostReply
avatarAqa
02-05
[Happy] [Happy]  I follow the financial advice on YouTube and Tik Tok and other news channels. Sometimes these advices are timely and entertaining. Actually I watched the reviews about Tiger Brokers on YouTube before I downloaded my app.  It is good to read widely and listen to financial news from a few sources. Afterall we need to be well informed in the world of investments. Always do your own due diligence before making any trade.  
151
avatarOptionspuppy
02-01
Replying to @Optionspuppy:Here to support dear friend post share liked and comment //@Optionspuppy:Forsooth! As a denizen of Singapore engaged in the noble pursuit of investments, I, too, tread the path laid by Chicken Genius. Who can forget the tesla up up up Verily, I, a mere personal investor, do pledge allegiance to the sagacious teachings of the venerable Warren Buffett. Alas, the recent departure of the esteemed Charlie Munger hath left a void in the halls of financial wisdom, a loss keenly felt by this humble follower. May the investment realms be blessed with their enduring influence! Who can forget hersey $Hershey(HSY)$
Repost1
avatarTigress02
02-03
$Tiger Brokers(TIGR)$ Seeking expert help from a real world financial advisor is a hefty sum. For the average person, the alternative is to turn to social media. Although the cyber world is a treacherous place to seek professional advice, full of scammers and fraudsters that just want your money. But if you dare to tread the waters carefully and adhere to your own sound judgment, you might just come out alive and gotten what you’re looking for in the first place. The Information Superhighway (or Internet) contains a treasure trove of information that is just waiting to be discovered. 
1Reply
avatarHappy Bear
02-03
Replying to @koolgal:So many stuffs im receiving everyday from dozens of channels haha. I just think investing in dividends counters is the best. Just buy if low or u have spare cash, leave it tats it haha. Too much info just get things worse something//@koolgal:🌟🌟🌟Sharing is caring!  It is great to be part of our Wonderful Tiger Community where I get to read the best articles and learn from the experts and other Tiger Friends.  Apart from this, I love to read blogs from Ray Dalio who is a fount of wisdom.  Locally I also read Dr Wealth and Beansprouts blogs too.   @MillionaireTiger  
6Reply
avatarSPOT_ON
02-04
Replying to @SPOT_ON:[Love] [Love] [Love] [Like] [Like] [Like]//@SPOT_ON:youtube the channels and people are more informative in their longer video, but the annoying things are the advertisements.. so many of them !!! tik tok I like all the short entertaining videos that are randomly shown to individuals which we wouldn't have knew or come across in our life . but for investment advice i will still go for youtube . @Tiger_comments @MHh @SR050321 @melson @MHh @Mrzorro @Kaixiang @Ron18 @DiAngel
3Reply