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 advice
Most investors may want to obtain investment tips from professional financial experts for free on financial platforms. This has become a trend in financial platforms today.
However, identifying who is a professional investor and determining whether financial content is beneficial have become the most concerning issues for individual investors.
Why not consider obtaining trading clues from Trade Feed, where you can follow investors with high winning rates and similar trading styles.
How do you get financial advice?
TikTok or YouTube?
Any other financial platforms to recommend?
Leave your comments and also post to win tiger coins~
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
🌟🌟🌟投資在很大程度上是一個個人之旅，雖然向專家學習很好，但認識到盲目跟隨的陷阱也很重要。我喜歡閱讀《華爾街日報》、路透社以及《商業時報》和《邊緣》等當地報紙的最新消息。我也看YouTube視頻，但我對這些有選擇性。
我也訂閱老虎交易訂閱，在那裏我可以找到我的一些老虎朋友是如何交易的。這是一個有價值的資源，加上老虎證券每天發佈的其他文章，我可以獲得金融市場最新消息的快照。最終，我有責任決定哪些新聞是相關的，哪些新聞適合我的投資策略。
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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.
@rL @Shyon @GoodLife99 @Universe宇宙 @xXxZealandxXx @Aqa @LMSunshine @koolgal @DiAngel @HelenJanet
Leave your comments and also post to win tiger coins~
How do you get financial advice?
TikTok or YouTube?
Any other financial platforms to recommend?
Leave your comments and also post to win tiger coins~
@Shyon @icycrystal @LMSunshine @melson @MHh @DiAngel @rL @Aqa @GoodLife99 @SirBahamut @HelenJanet @pekss @Korer @Mrzorro
Sometimes, i do watch those youtube and cant help thinking whether they are providing real advices or basically trying to attack other youtube on some stocks.
Anyway, pls DYODD after listening to youtube or tik tok.
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 w/o even caring if they can hit the targets or they kill people by accident.
There are real & proper gurus, but they usually promote slow and steady investments which are unpopular to the young.
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.
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 .
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