Just read this article and think it’s a really important topic that should be discussed more widely.
https://www.noemamag.com/this-is-not-financial-advice
The article examines the rise of finfluencers. While many are careful to insist that their content is “not financial advice,” the reality is that entire online ecosystems have emerged around people making investment decisions based on the perceived expertise of influencers whose incentives are obviously to enrich only themselves.
The article explores how the line between information, entertainment, and persuasion is becoming increasingly difficult to identify.
If you’re interested in investing and on social media, I think there’s a lot here for you.
Curious what others think.