4 ms·
Is this satire? TikTok, IG, and WSB are comically bad and dangerous investment advice. Sure there are a few DD's on WSB that get upvoted to the top, but most ar
by reducesuffering 6y ago
Is this satire? TikTok, IG, and WSB are comically bad and dangerous investment advice. Sure there are a few DD's on WSB that get upvoted to the top, but most are just jumping on a few tickers because someone said it's the next hot thing. Even worse on TikTok and IG, it's 99%:
"look at BTC went 500% last year, buy the dip for another 5x"
"these stocks are the future $RANDOM_SOLAR_PANEL_CO, $TSLA, $WEED_CO"
The most generally knowledgeable sizeable investment advice community is on bogleheads.org and users are usually like age 35+. They're generally well informed on tax implications, century old historical performance, different asset classes, factor analysis, ETF securities lending, etc.