I was one of Graham’s “first” subscribers when I found his channel he only had about 100k his content was good and educational and basic. Unfortunately eventually I started noticing the greed growing in him. His content began to change and I started to watch his videos less and less. His content no longer was to help and educate but to grow his channel and feed his greed. His early stuff is good and can be helpful. But at some point he sacrificed quality for quantity.
I used to watch him a lot as well.. I still tune in from time to time. His videos are decent. But he has gotten more click-baity, like most of these influencers do... I used to like watching him react to the videos of how ppl live and spend their money.
I can’t watch him either anymore -- he’s got a music degree and has the balls to be giving financial advice (while saying he isn’t, but he IS) to other people. Like great so glad all these unqualified folks can just give advice Willy nilly~ (I’m an actual auditor. I audit major banks.)
@@voltaireonokay, but his advice is valid. Most of the time it’s about not spending frivolously and setting up savings accounts and how to budget. Also if you are already in a space where you should have financial literacy then why are you watching these people anyways? I just find it odd to watch the content of someone that is clearly making videos for beginners but you rag on them because you’re a professional in that industry and it doesn’t help you in particular. Sounds like you need an actual mentor who is qualified to teach you more and not some person on RUclips.
Even him can be “eh”. His stance on universities and certifications is not the best advice. Not to mention his obsession with real estate (which requires taking debt)
Homegirl roasted them with the actual data. LOVE THIS. Proves the age-old advice that investing in a target-date fund with a modest return will win out over finance guru predictions almost every time.
She is judging them for 1 video, thats not data, Graham and Andrei recommend in first place to invest in ETFs like Vanguard or Charles Schwab. She is talking about them only for getting views
Lol these guys are investing for long term 15-20 years, she's using data only from end of 2021 from one video.....yeah huge burn 🔥 those guys make their portfolio public, and most of them hit around 8-9%....sounds pretty good to me
Please check the price of the same stocks she talked about now! She made this video 7 months ago at pretty much the bottom of the market. Funny how people think she has their best interest in their mind!
hmm, i feel this. blew a ton of cash, like, can't even say how much 'cause its embarrassing. but i kept my spirits up, hollered at this law firm (boyle and jasari in DC), and bam, few months down the line, all that dough's back with me - still shook by it. super stoked. They legit flipped my whole scene. Dont ever fall for "hot investment advices". Stay safe guys and always do your own research..
The problem we run into ultimately is that we have an economy of grift... And most of our influencers are actually more concerned with maximizing their personal wealth using people's insecurities in multiple areas of life (finance, personal development, health, etc). The sad reality is even as their grifting a large segment of society, that same segment will look up to them based on the wealth they've accumulated not in how they received it...
This is the most perfect comment I’ve seen. I completely agree, especially the statement that society values individuals based on the amount of wealth they obtained and completely ignores their methods of achieving it. The reality is those respective methods are usually highly unethical/immoral.
the grift is getting absolutely out of control and making the internet a horrible place to be nowadays. there was never a better time to go and touch some grass.
Only the naive believe it when RUclipsrs claim they spend hours and days creating a video because they just "love financial education". They're doing it to make themselves rich!
I appreciate you shinning a light on the fear mongering aspect of these RUclips channels. I've been subscribed for a while to a few but haven't watched any of their videos simply because of that. It's exhausting.
The problem with calling it "fear mongering" is that all data says stocks should crash. So it's basically all of the smart data driven people calling for a crash, which would really just be a return to normalcy. I've been told repeatedly I am "fear mongering" for repeating what I heard on earnings calls (and what got played down in the financial media)
@@KarsonGauleI've stopped watching, because I still have a hard understanding of not just the steps at buying crypto, but how to sell when you want to and have the money deposited instead of trading with other cryptocurrencies or whatever. Also, Andrei was talking about something in one video and wasted 10min of my time recommending something he wouldn't use. Like, if you're not going to use said product, why waste my time telling me about it, then tell us the reasons you aren't using the product? 🤦♀️ Also, I noticed how peeked Andrei was getting just prior to the talk of the value of the $1 degrading over time before crypto takes over. He recently bought a huge home and I bet he's wondering how he's going to financially upkeep his home in the future. Especially with the government creating their own form of crypto. Maybe he's concerned that all the crypto he's invested in may become obsolete or vice versa. 🤷♀️
Being an actual financial adviser myself, I get livid when I see people disclaim their BS as 'not financial advice' on social media when, in fact, they are 100% providing financial advice.
they 100% throw that phrase around because for an ego boost. knew many of the finance wannabe bros at my uni. they would all recycle the same spiel about the s&p 500, roth iras, and interest rates as if they were giving groundbreaking news. as if their recycled "advice" was not located on the first page of google. but they would look so proud of themselves, so smart and legit whenever they'd hit you with their disclaimer line 🤬
Calling someone out in a very biased way is not holding them accountable. Her analysis was not robust and would not stand up to any real scrutiny, it was either simplified to much to where the weight of evidence was overly diluted or she doesn't have the requisite ability to form a well informed view (I guess laziness could be a factor too?).
No one is going to teach y’all how to trade for free YALL have to put effort/time/money into it take a course there wil be ups and downs wins and loss but y’all can’t expect shit for free they put they time and effort YALL should too they give y’all the basics it’s up to u from tehre to learn and go on YALL expect them to educate y’all like y’all one of their students gtfoooo weak ass niggas y’all just expect free handouts that’s failure in life
I usually don’t like to take too much to heart what any RUclipsr says about anything, but of course, I fall for things at times. Great reminder to get really educated by true experts!
Thank you for saying this, I didn't even realize I have stopped watching those people because it makes me roll my eyes to see obvious fearmongering. I do NOT want to support that behavior because it isn't a healthy way of communicating. These social media sites are encouraging toxic behavior when they have the power to do the opposite. If these platforms focused on supporting healthier actions and suppressing toxic ones they have no clue how much they could impact the health of the world. It would be just as intense as how they are negatively impacting us because these tools are powerful. I hope someone starts that.
"I didn't even realize I have stopped watching these people"...SAME! It's like I slowly saw their "financial education" side of the content get outweighed by the "FEDS ARE GOING TO BURN US ALIVE"-type content, and subconsciously started skipping over their overall content...until I stopped watching them overall...lol
Your points are 100% valid. I hate overly click-baited thumbnails and rarely watch them. In fact, I vowed not to watch any video with the RUclipsr making goofy expressions. I’d much rather see a simple layout or something classy. There’s always another video I can find done by a trader who doesn’t bother with gimmicky clickbait content. The financial youtubers I follow are adults who just look normal and rarely indulge in hype. I’ve been trading practically every day since 2019. I’m mostly interested in learning from veteran traders who have a deep understanding of the markets and have been around for 20 years at least.
If they were honest they would tell you to just buy index funds, and part bonds, and spend your time learning something productive. They would not tell you to stock pick or basically gambling.
I’ve been with the Trading Fraternity for 3 years. No BS, no pumping, and no rocket emojis. Just a place to learn, trade, and get the fastest news on the internet.
Im so happy I stumbled up on your channel. It’s like a wake up slap in the face for me. I’m from Thailand and making my income on the Thai’s standard.I get jealous that American have the best investment opportunity from all the giant corporates with bigger capital to withstand many many ups and downs! So I’m trying my best to invest in ETF from this side of the world by listening to American finance youtubers. Im Still in the maze but trying to learn and be very careful to trust! Thanks again. I just subscribed to your channel and liked! ❤
Hi Karson. If you stay true to your values, practice good financial ethics, then you’ll have another long term subscriber. I unsubscribed from the top financial RUclipsrs at the end of last year. I’m glad I found channels like yours. I hope your channel spreads like those wildfires 🔥 in the thumbnails. I’m betting on that this is the age of good morals and ethics for rising RUclipsrs like you. Thank you.
I'm so glad to see others are finally catching onto this, I found these guys when I was first trying to learn about the finance/investing space, and low and behold, their videos were the ones that showed up first, so naturally I click & start binge watching as I don't know any better, really hindered my growth for a good while. I made my own video ranking finance RUclips channels & I flamed these guys & had them in F tier, hopefully more people realise this, stop watching them & they fade into obscurity
Any finance professional knows that it’s impossible to predict the price movement of a speculative asset class. Anyone who claims to know where the price is going is trying to sell you something (courses, affiliate links, etc). These people are not actually getting rich from their own advice. They’re getting rich from selling you stuff while you lose your money following their advice.
I've also been really tired of all the fear that is being spread on the internet when it comes to finances. I'm happy that you released this video and I think it's very made. I'm going to move forward subscribing to you because I feel like you'll be honest in the future (even if it doesn't get you all the money others are getting though fear and anxiety)! PS soooo tired of all the flame thumbnails lol
Do YOuR oWn ReSeaRch in practice just means that people will look up a few of these videos or google some reddit posts. There is still no value in such "analysis".
Been watching these guys since 2017. I can agree that their content is not what it used to be. However, just like my brother here said. Don’t blindly follow. They definitely gave good information to those willing to use it. I’m now making almost 200k a yr, have almost 6 figures in investments, started my first company a yr ago, and own 2 properties. That’s thanks to the information that was provided by some of these individuals.
I think it's also important to understand that everyone has a different financial situation. Taking financial advice from a course or a RUclipsr when they have a drastically different financial situation from you is very risky. It's fine if you want to incorporate some of what they said, but without any self-reflection on your current situation, risk tolerance, and financial goals, it is a fast way to being burned.
One of the biggest issues with influencers and youtube in general is the doom feeds they put out to satisfy the algorithm. All of them post apocalyptic takes on everything, without giving any solutions. That just feeds a sense of helplessness and promotes a victim mentality which encourages inaction to improve your financial situation. Love watching Caleb Hammer where he actually tries to help people and give them hard advise with the hope if actually helping people. Theres always hope, and if you give up and wait for some deus ex machina to swoop down and save you, you will stay in whatever trouble your in.
Andrei and Graham inspired me to save/invest a majority of my income starting in 2019. I've learned a lot of financial fundamentals from various finance youtubers. Nowadays, I just tune in to get a sense of the current market sentiment. In the end, it's always the same advice. Majority of your wealth in stable growing assests. A small % in your own personal speculation plays or endavors that you're willing to lose. Have a sustainable budget that can support the above while living your desired lifestyle. I collected a small amount of silver this year for fun. Now the precious metal youtube space is interesting. Silver is either a "personal savings and hedge against fiat currency" or "its going to 1000x, the government is going to take it all, you need it for apocalyptic barter system, and the market is rigged." They'll claim it's all true so buy more silver. Idk it's a bit much, i do just like having pretty silver coins though.
Index fund are not the same as individual stocks. Don't know this influencer... but diversification is the exact opposite of stock picking. Index over the long term isn't speculation.
Whew! This was a spicy video but it needed to be said. I used to follow literally all of these guys as I too started getting more interested in growing my wealth without putting in more hours at my job and I don’t follow a single one anymore for the reasons you stated. Thankfully, I never jumped at anything. I like to take information and use it as a starting point for my own research (because I have trust issues 😂) and I can’t even imagine how much money I saved because of it. Great video! 🔥🔥🔥(for the flames in the CB videos 😂😂)
Excellent video. I hope it comes up in the algorithm for more people. I recently found Graham and binged a ton of his content, hence finding your video, and picked up on that very quickly. While I have learned a lot (it piggybacked off working a year at NFCU and wanting to grow my knowledge base further), I am wary of the influencer. At the end of the day, influencers are in the business of selling. I don’t jump on codes, trading advice or doomsday reporting. It’s all clickbait to me, and I’ll research further to paint a clear picture of the world. Thanks again! I made sure to like and smash that subscribe button haha
I’m a licensed financial planner. The amount of regulation in the industry would shock most people. It always blows my mind that the regulators allow a free for all on RUclips. When it’s marketed as financial advice but hey read my disclaimer “this isn’t financial advice”… especially when the content goes beyond general advice on saving, into product recommendations.
The industry is pretty loosely regulated. For example, people can go around calling themselves “licensed financial planners” when that term means nothing. The standard is Certified Financial Planner. Maybe that’s what you meant, but that’s a heck of a thing to mess up. Same with “financial advisors” that are really just insurance brokers trying to make a quick buck.
@@jordand1554 That’s a certification that takes forever to get. It’s exceptionally odd that you’d confuse the name of a CFP. You don’t even need a CFP to work as a financial planner, so it’s even more bizarre that you’d use it as evidence the industry is well regulated.
all Caleb's videos: tell person to reduce expenses, tell person to have an emergency fund, trash the person its like Gordon Ramsay for personal finance, if you seen one you've seen them all
@@litojonnyKinda. While many of them fall into that formula, there are also a bunch with a situation that isn't as black and white. Also, hearing the same advice over and over and over again can actually help it stick into your head more, especially when you speak to others who are in similar situations.
Excellent content! Stay honest and don’t allow greed to compromise your integrity like it has with other RUclipsrs. Truth will prevail! Thank you for making this video.
I think this a great video with good points but the only problem I have is that all the stocks that you just mention are down as well as the rest of the market besides the good past few days we had. I said this video was probably better upload after all the craziness on the market was gone. But no matter what NEVER take the advice from a “finance” RUclipsr as a final decision , even if is a good advice just listen to it and always make your own research😊
Agreed. Always do your due diligence on every recommendation. However, there are influencers - Joseph Hogue and Bob Sharpe to name two - who have CFA backgrounds and make pretty solid recommendations on stocks, ETFs, etc. I dont take their word as gospel and invest in the millions like they do, but it puts you on the right path when it comes to where to invest first. Great video. Cheers.
I'm a skeptic and somewhere along the road that led me to your channel. What I would like to see more from your channel is a slower pace. You don't even breathe in your videos! :) I think YT recommended your channel because I am subbed to Benjamin. That in mind, I think more humor in your content would reach a larger audience. Benjamin is miles away from you on content presentation but I am often trying to catch up to his jokes whilst trying to absorb the financial take. (he's a little too much with the humor) The knowledge seems on par but your videos are dense and while you inject humor, it's lost in the density of your script. I'm a little man. I'll never have a channel of listeners. All I have is an opinion of one of your viewers.
That there's a sucker born every minute. If a channel doesn't have or put their education credentials in the "about" section of their channel, why would anyone take advice from them? I guess the same people who still believe Donald Trump is a good business man (he inherited his money BTW and his tax returns show he's highly leveraged). If you want to get into the weeds on finance, Patrick Boyle and the Plain Bagel are people with actual finance credentials. Another good one is Sasha Yenshin, but be prepared for some f-bombs. He was pretty hard on the guys he calls the "bitcoin bros".
THANK YOU!!!!! You are correct. I have been looking to educate myself on finance as I enter my retirement years. I seriously don’t want to lose my money so someone else can get more clicks.
Just wait until 2028 or 2032 *their will be a market crash* then buy up great stocks at a cheap price and go live in Thailand or south/central America for a year or two while your making money in the markets ;) thats the simplest way to invest.
one of the good things I've learned from them is to just invest constantly. I only invest in larger companies that everyone has probably heard of or at least used before. I also invest into dividends (just a preference, tho im not getting "high" return dividend stocks). so far my peak for the year (2023 only) was 14%, right now im sitting at around 5%. Never have bought a stock thats recommended, nor an index fund. I think they have good advice, but not really good stock picks they share.
@@np5246 Well with doing research, and planning out what you want to invest in, you can beat index funds. I'm not saying that you will beat them by some crazy number, but its not to hard. Index funds trend to beat people who act on fomo. If you use your head its not hard. if you don't want to think go index funds as well.
My basic rule with investing….. if it has no PE or a very high PE, you really need to manage your risk and expectations. I have bought RUclips recommendations and done very well mostly. Basically, use some common sense. Most of these are spec stocks…. Treat them as such and only invest what you can afford to lose. On the flip side, try to stick with market sector leaders with a proven track record of positive earnings and you should be ok.
I think it’s extremely important that people (myself included) take the time to learn about the broader economy because the price of all these stock are heavily influenced by macro economic factors. Following that take the time to understand the product sold by these companies, why it had been in demand, why it’s likely to be in demand, how is the company planning to grow(sell more of their products), the track record of the management( which influences the likelihood of the growth plan succeeding), and the overall direction of the market sector and how it might influence the positioning of said company’s product.
Thanks for this! It's time we hold these creators accountable. You mentioned a lot about "doing your own research". Can you please point us to the right direction where we can do that? What credible and relevant websites should beginners go to understand finance?
No one is going to teach y’all how to trade for free YALL have to put effort/time/money into it take a course there wil be ups and downs wins and loss but y’all can’t expect shit for free they put they time and effort YALL should too they give y’all the basics it’s up to u from tehre to learn and go on YALL expect them to educate y’all like y’all one of their students gtfoooo weak ass niggas y’all just expect free handouts that’s failure in life
I dont believe anything can be reliable other than the safe 3-4% ROI at the bank stock market is extremely volatile and no one can be good unless they have some kind of insider information
@@luisdiaz6654how is asking for a credible source the same as a free handout? They aren’t asking to be spoon fed the answers; they’re asking to be pointed in the right direction.
As someone who isn’t subscribed to your channel but was interested by the subject matter, I enjoyed your message. The only thing missing was a comparable analysis of your recommendations over the same timeframe. I don’t know what you’ve said historically but if the intention is to show how it should be done I’d think demonstrating what a good finance RUclipsr does would have been helpful. No sub yet… waiting for the full disclosure first. Thanks for sharing your perspective.
I love your take on This Woman's video . I think like you said it would have made it a lot more transparent if she would have included her own advice and what kind of money was made over the last couple of years. The possible reason that she did not include it if I read between the lines her financial advice was probably the same as the others.
Thanks Karson. Graham and Andrei originally helped me, kinda like a "friend" to listen to about dividend growth investing, index funds, saving money, living below your means. When their content switched to click bait for the masses...sigh. They had some good things going!
I still remember stumbling upon some finance guys livevstream during the Gamestop short squeeze. This fool was telling his viewers that "now is the best time to buy gamestop stock. This company is going to soar in the next few years!" I briefly exchanged with him in his live comments. I told him that Gamestop is a horrific investment that is only worth $25 at most. Paying $100 now for it expecting it to grow is just wrong. I worked at Gamestop for over 5 years. They make really bad business moves and mistreat employees. They will not do well selling games digitally when Epic and Steam already monopolized the market and do everything better than Gamestop. Well the guy didnt listen and kept telling his viewers how Gamestop was going to do all this stuff with gaming. Look at Gamestop today and it fluctuates around $25 bucks average… ..just like i said it was worth. Today it sits at $14. During the big spueeze a year ago it was $125. Anyone who listened to that "guru" lost big time.
This was a great video. I listened to Finance RUclipsrs mostly to learn and I liked hearing a subject being discussed that I was interested in. That being said, it helped educate me in the space- but ultimately lead me to a place like Celsius where I lost everything. Now, I see them as 'entertainment' and stay with two feet planted in the real world when it comes to financial decisons.
The youtube influencers are good for beginners. Perfect to get informed on stocks, ETFs and so on. In other words, to get the ball rolling so to speak. Eventually you have to do your own homework and break out on your own. They should be used as a beginner's guide but definitely not for "financial advise" WHICH they do state it repeatedly for a reason. They provide information ONLY.
You are right, they are all full of ship. I stopped listening to them when i stopped random buying when the economy took a ship. The best thing is find what works for you, slow money is better than fast money for me.
Great video. I suspect going to look for old videos is actually an optimistic view of the past, as some of the worst predictions have been deleted. As for me personally, Anything that says or smells of "prediction" gets an immediate "not interested."
Very well made video. The big Finance RUclipsrs also remove videos of bad predictions so their returns are even worse than you showed most likely. It's tough with the click baity titles....I feel like its a game we all have to play otherwise we won't get the views for the videos we put hours of work into.
TLDR: finance youtube is okay in their first 2-3 videos (ex: explaining compound interest, using debt, proper financing, psychology of man & income etc.) but after that, it's just courses, grindset and whatever being peddled
The Plain Bagel is still great, very informative and honest. He never overhypes stuff, he just gives you the pros and cons of different strategies or assets and makes it clear that you need to decide for yourself if it's right for your goals.
This take is 100% fire! 🔥🔥🔥🔥 So good to see people acknowledging that channels that might have started off giving perfectly reasonable advice, just don't anymore!
Anyone recommending specific stocks can be safely ignored. Finance YT is largely rubbish and this video is spot on, good work to the creator. A good exception is James Shack, in my opinion a high quality channel, who also by the way never tips any stocks ever.
Oh wow. So it's not just the title that catches people's attention, it's the visual aspect of the thumbnail that can click-bait people. I never knew that. Thanks for sharing that important detail!
The best stratgey is to educate yourself. Have a broad knowledge of what affects what and how. The couple times I lost money the most was based on influence from other people. After a while, i realized the best strategy is to research and make decisions that will benefit YOU personally. The click bait RUclipsrs are doing the same thing right? Be smart and focus on yourself.
Although I am a finance professional of almost 10 years, I still think I don't know even half of all this financial stuff. But my major take away from learning about investing was to invest in things YOU know and understand, not what some RUclipsr tells you to invest in.
Many Finance RUclipsrs got paid by companies to pump their stock. I don't remember who, but one of them came clean, and denounced this. Then I remembered all the YTbers I was watching that were promoting stocks for short term gains with some talking points and arguments that were basically what they were told to do. So I just ignore them now. Regarding the test you made, careful with picking example just before the current crisis. Looking at Tesla and some others, they were at their all time high in 2021. Now, the whole market meta is down. And I don't consider 2 years as long term.
Ive noticed there are 2 trends; those who are over optimistic/false, 'youll be rich in a year doing this'; but people also dont speak about the other trend is about being utterly pessimistic and sells themselves as real 'youll never have money regardless of how much you save or invest';
This is not a fair assessment. Most all stocks are down currently. And RUclipsrs always make the disclaimer that they are not advertising and some even simply say “this is just what I’m doing” and yet you’re twisting the words and saying that they directly “recommend it” which is false and now it seems you’re twisting the words to get clickbait on your channel. How ironic. It’s always been said to do your own research and yet you neglected to mention, say, or give credit to the fact that they have said or have mentioned this time and time again. I thought this vid was good at first, but it’s distasteful how you’re twisting others’ words.
Wohhhh Reality exposed ! 🙂 Happy to watch this type of content where some is here to speak about how so called fin-fluencers are promoting thoroughly FTX / forex / crypto / betting app and all ... (even big creators too)... Edit : You earned a Fin-Influencer Subscriber (from India) 🙂 all the best...
Great video! and yes I think we all have learned that peloton and shopify were bad picks long term since loosing 80% of their value after the pandemic once interest rates started rising and easy money and demand flew out the door. I pretty sure Graham Stephan sticks to index funds for investing, and yes promoting FTX was not a good move in hindsight.
There are many factors contributing to this problem. However, I would suggest that viewers carefully look at a RUclipsr's credentials. Does the "financial expert" have years of experience as a banker, investment banker, Financial Advisor, etc? Do they have an MBA? Do they have a recognized certification? Have they ever held a Series 7 securities license? For example, I have an MBA and worked on Wall Street as a banker for 30 years with large European banks, earned my Series 7 twice (very rare) and was a Financial Advisor for Merrill Lynch for 2 years. Also, people need to stop looking at "get rich quick schemes". Growing your net worth and retirement assets is a marathon, not a sprint.
In India there is boom in number of finance influencers since covid period. Many of them will show you flashy life , and they aren’t certified from SEBI. They earn money by fooling people. Now only few finance influencers are real who focus more on long term investment. Youths are in hurry to earn profit in short term so they try trading & loss of tons of money.
I think Graham gives pretty decent advice as a real estate investor myself I don't always do what he says however I do generally think he gives solid advice. I also was affected by voyager and moved to ftx when I thought they might buy. 😅 Lucky I didn't put money I just opened a account to wait. Now I have a binance account and we shall see. I think a lot of people have been desensitized about the click bait and don't care to much and I don't think the average person would make the decisions you guys say. If anything I watch to see what's trending and then I go do my own research and make my purchases off that.
To say that the Fed raised interest rates by 50 basis points is to use the Fed's own obscuring language about what it is they actually did. The Fed doesn't raise or lower interest rates. The fed prints money and uses it to buy debt instruments. Or they allow the debt instruments to mature and thus unprint money. They call that raising and lowering interest rates. But if you listen closely, they don't even really call it that. It's an interest rate target. They don't even really have control over the target. They pretend to raise in lower interest rates. The fed is pretending to have a power that they don't have. So just because all of the most professional people are repeating language, the fed wants them to repeat, doesn't mean they're delivering the best and most accurate message.
On the point of not being taught finance at school, there was a finance RUclipsr who's name I forget who pointed out something very interesting: school isn't there to educate, it's there to train workers.
I don’t think Graham Stephen really deserves to be featured in this video. I’ve been following him since he only had 17k subscribers and he really doesn’t give any information that you wouldn’t get from a CPA or financial advisor. He is the he definition of conservative and provides a lot of useful information in his videos. The one thing I will concede on is that he’s gotten pretty clickbaity with his titles.
I intentioally avoid clicking click-baits. Also whenever title says something like "The one thing that "something" " instead of naming that one thing, I never open. Also whenever thumbnail has a face with an overly strong expression, fire in eyes or any other gimmick, I avoid opening them in purpose. I think they are meant to attract people who watch TV and especially reality TV.
A year later and this is still so fitting. I used to watch Graham before he became this big and changed his tone on certain products. I still tune in from time to time but not nearly as regularly
There are some other financial RUclipsrs I really enjoy. Patrick Boyle is interesting, funny, and clearly knows his business. Jaspreet Singh (Minority Mindset) has a weakness for those hyperbolic headlines but his actual content is sound and down-to-earth. Neither of these has ever recommended a stock AFAIK; I think they both speak well of the big, safe ETFs but that's the extent of it. And I like Ray Dalio's video "How The Economic Machine Works." Really what all three of them do is explain how the money world works, which is a springboard for your own research so you're not just stabbing around in the dark. Also, I like Ramsey for personal finance though I would never look to him for investment advice. I stay the H away from anyone who recommends particular stocks.
There used to be a tongue-in-cheek saying, " how do you make a small fortune on Wall St.? Start with large one !" learn many different schools of thought and what they are aiming for and choose your own simple steps for a solid boring foundation carefully.
A good awareness video 😊 I started watching Finance videos fairly recently and had noticed how much dramatic content there was and it got me questioning whether it was all just a load of nonsense, or at least most of it!
I came up with a dystopian scenario brought on by the lies of the financial influencers, it's were three egotistical influencers combined their company's and their influence on this generation to build a paradise in the sky to escape the matrix but it would crumble at the hands of mutants the influencers created at their faults
I learned more from you in five minutes, then I learned from these guys and you didn’t even have to talk finance you said words, that I haven’t even heard and I’ve been watching and learning for a couple months!
To play devil's advocate. The macro economy hasn't been the best for any stock. BUT I agree these "financial influencers" are the last people you should be taking serious advice from
I agree, two years ago we were at peak highs, and the market only went up. Times have changed though. Many of the top stocks have crashed since; with anyone recommending stocks, take what they say with a grain of salt.
The only finance RUclips ive watched made me 8 Thousans about 4 years ago when i got 18 i got a bit of money and he said Invest it in diverse etf and i did it works. All advice i needed.
spot on.. they use click bait so you have to dig out the intent. waste of time.. and it seems they all get the data at the same time with very few exceptions that I subscribe to.
I once watched a video in which Graham Stephan mentioned he doesn't always want to post "sad looking thumbnails" but his clickthrough rate on thumbnails when he looks sad are SO MUCH BETTER that it just isn't very good for his channel to post one WITHOUT looking "sad"! On one level - I can't really fault him for this... he's just trying to make money like everyone else is. On another level - I wish it wasn't this way.
The English word for "God" comes from the Hebrew word Elohim which means gods. The "gods" that the ancient people worshipped in the beginning were the stars. So the Bible's Genesis 1:1 should have been written as "In the beginning the stars created the heaven and the earth". Remember, our Sun is a star ⭐ Angel means Messenger in Hebrew, it is refer to star/s. A Star/s gives us messages. They are our Messengers. Like when to plant seeds and when to harvest etc. Stars move across the sky as if they had wings. That's why we see statues of Angels with wings. They are really stars with wings. "Fallen Angels are just " fallen stars" 🌠 Bible, Melachi 4:2 Sun of Righteousness with healing in his wings. The wings represent the Sun flying over our heads from from east to west. This seen on an ancient egyptian pyramid walls.
Based on the like count something can be done to stop this if everyone who is pissed off about the lack of accountability calls out to the SEC and consumer protection agency. We have to demand accountability or there will be none.
Becoming wealthy is easy and boring. 1) Acquire rare well paid skills and get hired or paid to perform them. 2) Acquire a minimalist mindset, don't throw your hard earned money away. You don't need 99% of the crap people is trying to sell you. 3) Invest long term on large global ETFs (ideally all world) 4) Be consistent
Yeah I think she did not research tesla enough. It wasnt a net negative but a super net positive since it got split like 2 times in the past few years and still ended up the same price as before the splits. It is still really freaking high from where it started and is still stable enough to keep. Also the reason it dropped was cause all car dealerships dropped. People started to lose the ability to afford cars and it started to hit hard in 2023 cause the 2nd hand market started to die. Nio got hit a while back cause they had to be regulated to USA standards causing a big decline given its a stock from Asia and did not follow the standards here. Rocket I got no clue.
I was one of Graham’s “first” subscribers when I found his channel he only had about 100k his content was good and educational and basic. Unfortunately eventually I started noticing the greed growing in him. His content began to change and I started to watch his videos less and less. His content no longer was to help and educate but to grow his channel and feed his greed. His early stuff is good and can be helpful. But at some point he sacrificed quality for quantity.
its starting going downhill in 2019/20,but 2017 graham was cool.
Graham is still great. I've yet to hear him tell anyone to do something that wasn't in their best interest.
@@thunderthormx Fr! I think ftx was those guys worst choice…😅
@@b__w_4565 ftx just advertised with him. If you watched any of his videos he never recommended investing in anything like that.
I used to watch him a lot as well.. I still tune in from time to time. His videos are decent. But he has gotten more click-baity, like most of these influencers do... I used to like watching him react to the videos of how ppl live and spend their money.
Caleb Hammer is the only finance guy that I watch. His videos are incredibly valuable and DOABLE for a regular person.
Mans helped me set up an emergency fund, and I started putting in into my Roth, and no cc debt:))
Agreed! Love Caleb!!
I can’t watch him either anymore -- he’s got a music degree and has the balls to be giving financial advice (while saying he isn’t, but he IS) to other people. Like great so glad all these unqualified folks can just give advice Willy nilly~
(I’m an actual auditor. I audit major banks.)
@@voltaireonokay, but his advice is valid. Most of the time it’s about not spending frivolously and setting up savings accounts and how to budget.
Also if you are already in a space where you should have financial literacy then why are you watching these people anyways?
I just find it odd to watch the content of someone that is clearly making videos for beginners but you rag on them because you’re a professional in that industry and it doesn’t help you in particular. Sounds like you need an actual mentor who is qualified to teach you more and not some person on RUclips.
Even him can be “eh”. His stance on universities and certifications is not the best advice. Not to mention his obsession with real estate (which requires taking debt)
Homegirl roasted them with the actual data. LOVE THIS. Proves the age-old advice that investing in a target-date fund with a modest return will win out over finance guru predictions almost every time.
She is judging them for 1 video, thats not data, Graham and Andrei recommend in first place to invest in ETFs like Vanguard or Charles Schwab. She is talking about them only for getting views
Lol these guys are investing for long term 15-20 years, she's using data only from end of 2021 from one video.....yeah huge burn 🔥 those guys make their portfolio public, and most of them hit around 8-9%....sounds pretty good to me
Target date funds do worse than nasdaq100 or SP500.
@@kevinj2334you can get higher than 8-9% using index funds and you'd never have to rely on a youtuber's advice.
Please check the price of the same stocks she talked about now! She made this video 7 months ago at pretty much the bottom of the market. Funny how people think she has their best interest in their mind!
hmm, i feel this. blew a ton of cash, like, can't even say how much 'cause its embarrassing. but i kept my spirits up, hollered at this law firm (boyle and jasari in DC), and bam, few months down the line, all that dough's back with me - still shook by it. super stoked. They legit flipped my whole scene. Dont ever fall for "hot investment advices". Stay safe guys and always do your own research..
The problem we run into ultimately is that we have an economy of grift... And most of our influencers are actually more concerned with maximizing their personal wealth using people's insecurities in multiple areas of life (finance, personal development, health, etc).
The sad reality is even as their grifting a large segment of society, that same segment will look up to them based on the wealth they've accumulated not in how they received it...
Well that’s depressing
This is the most perfect comment I’ve seen.
I completely agree, especially the statement that society values individuals based on the amount of wealth they obtained and completely ignores their methods of achieving it. The reality is those respective methods are usually highly unethical/immoral.
the grift is getting absolutely out of control and making the internet a horrible place to be nowadays. there was never a better time to go and touch some grass.
Only the naive believe it when RUclipsrs claim they spend hours and days creating a video because they just "love financial education". They're doing it to make themselves rich!
How are they grifting? Yeah they aren’t perfect but still provide lots of valuable information.
I appreciate you shinning a light on the fear mongering aspect of these RUclips channels. I've been subscribed for a while to a few but haven't watched any of their videos simply because of that. It's exhausting.
Thank you!
Lol at "fearmongering". You must be one of those Robin hood investors.
@@KarsonGaule I just met Kevin a couple weeks ago. I'm already over it.
The problem with calling it "fear mongering" is that all data says stocks should crash. So it's basically all of the smart data driven people calling for a crash, which would really just be a return to normalcy. I've been told repeatedly I am "fear mongering" for repeating what I heard on earnings calls (and what got played down in the financial media)
@@KarsonGauleI've stopped watching, because I still have a hard understanding of not just the steps at buying crypto, but how to sell when you want to and have the money deposited instead of trading with other cryptocurrencies or whatever.
Also, Andrei was talking about something in one video and wasted 10min of my time recommending something he wouldn't use. Like, if you're not going to use said product, why waste my time telling me about it, then tell us the reasons you aren't using the product? 🤦♀️
Also, I noticed how peeked Andrei was getting just prior to the talk of the value of the $1 degrading over time before crypto takes over.
He recently bought a huge home and I bet he's wondering how he's going to financially upkeep his home in the future. Especially with the government creating their own form of crypto. Maybe he's concerned that all the crypto he's invested in may become obsolete or vice versa. 🤷♀️
Being an actual financial adviser myself, I get livid when I see people disclaim their BS as 'not financial advice' on social media when, in fact, they are 100% providing financial advice.
Yes something needs to be done about this. These financial gurus are also earning money from RUclips giving illegal advice too
So so true
..it's crazy!!
If you invest based on the opinion of another with no research you deserve to lose your money.
they 100% throw that phrase around because for an ego boost. knew many of the finance wannabe bros at my uni. they would all recycle the same spiel about the s&p 500, roth iras, and interest rates as if they were giving groundbreaking news. as if their recycled "advice" was not located on the first page of google. but they would look so proud of themselves, so smart and legit whenever they'd hit you with their disclaimer line 🤬
gosh I love you for being so honest and real about these topics. 100% agree with the video, and glad to see someone calling certain people out
Good that you're holding these RUclipsrs accountable. Somebody needs to do the same for Wall Street analysts.
Calling someone out in a very biased way is not holding them accountable. Her analysis was not robust and would not stand up to any real scrutiny, it was either simplified to much to where the weight of evidence was overly diluted or she doesn't have the requisite ability to form a well informed view (I guess laziness could be a factor too?).
She's corny... You Guys are too impatient. Had you just continued to buy high quality ETFs you would've been just fine. What did you do instead?
the monkeys in suits can't beat the S&P500 so why do others feel they can is all that should be said.
No one is going to teach y’all how to trade for free YALL have to put effort/time/money into it take a course there wil be ups and downs wins and loss but y’all can’t expect shit for free they put they time and effort YALL should too they give y’all the basics it’s up to u from tehre to learn and go on YALL expect them to educate y’all like y’all one of their students gtfoooo weak ass niggas y’all just expect free handouts that’s failure in life
Funny thing is if they all did DCA they’ve would’ve made so much money 😅. They might recommend a stock, but the way you invest into it is all on you.
I usually don’t like to take too much to heart what any RUclipsr says about anything, but of course, I fall for things at times. Great reminder to get really educated by true experts!
Clear value tax is a diamond in the rough. Just straight info. He also tells you when he’s giving his opinion
Thank you for saying this, I didn't even realize I have stopped watching those people because it makes me roll my eyes to see obvious fearmongering. I do NOT want to support that behavior because it isn't a healthy way of communicating. These social media sites are encouraging toxic behavior when they have the power to do the opposite. If these platforms focused on supporting healthier actions and suppressing toxic ones they have no clue how much they could impact the health of the world. It would be just as intense as how they are negatively impacting us because these tools are powerful. I hope someone starts that.
"I didn't even realize I have stopped watching these people"...SAME! It's like I slowly saw their "financial education" side of the content get outweighed by the "FEDS ARE GOING TO BURN US ALIVE"-type content, and subconsciously started skipping over their overall content...until I stopped watching them overall...lol
Your points are 100% valid. I hate overly click-baited thumbnails and rarely watch them. In fact, I vowed not to watch any video with the RUclipsr making goofy expressions. I’d much rather see a simple layout or something classy.
There’s always another video I can find done by a trader who doesn’t bother with gimmicky clickbait content. The financial youtubers I follow are adults who just look normal and rarely indulge in hype.
I’ve been trading practically every day since 2019. I’m mostly interested in learning from veteran traders who have a deep understanding of the markets and have been around for 20 years at least.
Thanks
I can get past the finance click bait the fit fluencer ones are the absolute worst.
We need a system to reward honest RUclipsrs vs those who are playing with our emotions.
If they were honest they would tell you to just buy index funds, and part bonds, and spend your time learning something productive. They would not tell you to stock pick or basically gambling.
Just choose to watch people who are honest. If enough people do that it will change how you tubers act.
I’ve been with the Trading Fraternity for 3 years. No BS, no pumping, and no rocket emojis.
Just a place to learn, trade, and get the fastest news on the internet.
The Unsubscribe button is a good start
Pipe dream. Social media is built on outrages.
Im so happy I stumbled up on your channel. It’s like a wake up slap in the face for me.
I’m from Thailand and making my income on the Thai’s standard.I get jealous that American have the best investment opportunity from all the giant corporates with bigger capital to withstand many many ups and downs! So I’m trying my best to invest in ETF from this side of the world by listening to American finance youtubers.
Im Still in the maze but trying to learn and be very careful to trust!
Thanks again.
I just subscribed to your channel and liked! ❤
Hi Karson. If you stay true to your values, practice good financial ethics, then you’ll have another long term subscriber. I unsubscribed from the top financial RUclipsrs at the end of last year. I’m glad I found channels like yours. I hope your channel spreads like those wildfires 🔥 in the thumbnails. I’m betting on that this is the age of good morals and ethics for rising RUclipsrs like you. Thank you.
I'm so glad to see others are finally catching onto this, I found these guys when I was first trying to learn about the finance/investing space, and low and behold, their videos were the ones that showed up first, so naturally I click & start binge watching as I don't know any better, really hindered my growth for a good while. I made my own video ranking finance RUclips channels & I flamed these guys & had them in F tier, hopefully more people realise this, stop watching them & they fade into obscurity
Any finance professional knows that it’s impossible to predict the price movement of a speculative asset class. Anyone who claims to know where the price is going is trying to sell you something (courses, affiliate links, etc).
These people are not actually getting rich from their own advice. They’re getting rich from selling you stuff while you lose your money following their advice.
I've also been really tired of all the fear that is being spread on the internet when it comes to finances. I'm happy that you released this video and I think it's very made. I'm going to move forward subscribing to you because I feel like you'll be honest in the future (even if it doesn't get you all the money others are getting though fear and anxiety)! PS soooo tired of all the flame thumbnails lol
biggest regret of my life... having faith in these clowns... lost so much money...
Nothing is wrong with listening to them, as long as you're not taking every word they say to be facts/truth. DYOR and decide for yourself.
Exactly. People are just being stupid, use critical thinking and dont take stockpicks from others.
Not really as most of these finance youtuber give little to no good advice
Do YOuR oWn ReSeaRch in practice just means that people will look up a few of these videos or google some reddit posts. There is still no value in such "analysis".
well said brother
Been watching these guys since 2017. I can agree that their content is not what it used to be. However, just like my brother here said. Don’t blindly follow. They definitely gave good information to those willing to use it. I’m now making almost 200k a yr, have almost 6 figures in investments, started my first company a yr ago, and own 2 properties. That’s thanks to the information that was provided by some of these individuals.
I think it's also important to understand that everyone has a different financial situation. Taking financial advice from a course or a RUclipsr when they have a drastically different financial situation from you is very risky. It's fine if you want to incorporate some of what they said, but without any self-reflection on your current situation, risk tolerance, and financial goals, it is a fast way to being burned.
One of the biggest issues with influencers and youtube in general is the doom feeds they put out to satisfy the algorithm. All of them post apocalyptic takes on everything, without giving any solutions. That just feeds a sense of helplessness and promotes a victim mentality which encourages inaction to improve your financial situation.
Love watching Caleb Hammer where he actually tries to help people and give them hard advise with the hope if actually helping people.
Theres always hope, and if you give up and wait for some deus ex machina to swoop down and save you, you will stay in whatever trouble your in.
Andrei and Graham inspired me to save/invest a majority of my income starting in 2019.
I've learned a lot of financial fundamentals from various finance youtubers. Nowadays, I just tune in to get a sense of the current market sentiment. In the end, it's always the same advice.
Majority of your wealth in stable growing assests. A small % in your own personal speculation plays or endavors that you're willing to lose. Have a sustainable budget that can support the above while living your desired lifestyle.
I collected a small amount of silver this year for fun. Now the precious metal youtube space is interesting. Silver is either a "personal savings and hedge against fiat currency" or "its going to 1000x, the government is going to take it all, you need it for apocalyptic barter system, and the market is rigged." They'll claim it's all true so buy more silver. Idk it's a bit much, i do just like having pretty silver coins though.
This video was so well done. Glad I was recommended this one. I have largely unsubscribed from many financial RUclipsrs for these exact reasons.
But you're no different
How come you are at the top on my feed?
SUS!!!
Lol
Index fund are not the same as individual stocks.
Don't know this influencer... but diversification is the exact opposite of stock picking. Index over the long term isn't speculation.
Yes she is fundamentaly different.
Crazy how this was her last video
Whew! This was a spicy video but it needed to be said. I used to follow literally all of these guys as I too started getting more interested in growing my wealth without putting in more hours at my job and I don’t follow a single one anymore for the reasons you stated. Thankfully, I never jumped at anything. I like to take information and use it as a starting point for my own research (because I have trust issues 😂) and I can’t even imagine how much money I saved because of it. Great video! 🔥🔥🔥(for the flames in the CB videos 😂😂)
Excellent video. I hope it comes up in the algorithm for more people. I recently found Graham and binged a ton of his content, hence finding your video, and picked up on that very quickly. While I have learned a lot (it piggybacked off working a year at NFCU and wanting to grow my knowledge base further), I am wary of the influencer. At the end of the day, influencers are in the business of selling. I don’t jump on codes, trading advice or doomsday reporting. It’s all clickbait to me, and I’ll research further to paint a clear picture of the world.
Thanks again! I made sure to like and smash that subscribe button haha
I’m a licensed financial planner. The amount of regulation in the industry would shock most people.
It always blows my mind that the regulators allow a free for all on RUclips. When it’s marketed as financial advice but hey read my disclaimer “this isn’t financial advice”… especially when the content goes beyond general advice on saving, into product recommendations.
The industry is pretty loosely regulated. For example, people can go around calling themselves “licensed financial planners” when that term means nothing. The standard is Certified Financial Planner. Maybe that’s what you meant, but that’s a heck of a thing to mess up.
Same with “financial advisors” that are really just insurance brokers trying to make a quick buck.
Yes I meant “certified financial planner”.
@@jordand1554 That’s a certification that takes forever to get. It’s exceptionally odd that you’d confuse the name of a CFP. You don’t even need a CFP to work as a financial planner, so it’s even more bizarre that you’d use it as evidence the industry is well regulated.
Thank You, for the sober common sense reminders. It's good to see there are normal people RUclipsrs out there🙏☺👍👍
Caleb Hammer is a great financial RUclipsr that helps show people personal finances in the form or seeing someone else’s situation.
His channel is the equivelent of rubber necking a car crash. It's Maury Povich for finances. I couldn't get on-board with his channel.
@@Chadmodan It's just a reality show with the most basic "control your spending" financial advice.
yeah, at this point I only watch Caleb Hammer and The Plain Bagel. Oh, and the ARK monthly macro update, but I guess that's not investing per se.
all Caleb's videos: tell person to reduce expenses, tell person to have an emergency fund, trash the person
its like Gordon Ramsay for personal finance, if you seen one you've seen them all
@@litojonnyKinda. While many of them fall into that formula, there are also a bunch with a situation that isn't as black and white. Also, hearing the same advice over and over and over again can actually help it stick into your head more, especially when you speak to others who are in similar situations.
Excellent content! Stay honest and don’t allow greed to compromise your integrity like it has with other RUclipsrs. Truth will prevail! Thank you for making this video.
I think this a great video with good points but the only problem I have is that all the stocks that you just mention are down as well as the rest of the market besides the good past few days we had. I said this video was probably better upload after all the craziness on the market was gone. But no matter what NEVER take the advice from a “finance” RUclipsr as a final decision , even if is a good advice just listen to it and always make your own research😊
Agreed. Always do your due diligence on every recommendation. However, there are influencers - Joseph Hogue and Bob Sharpe to name two - who have CFA backgrounds and make pretty solid recommendations on stocks, ETFs, etc. I dont take their word as gospel and invest in the millions like they do, but it puts you on the right path when it comes to where to invest first. Great video. Cheers.
I've always hated finance influencers, their own success they claim is a lie
I rarely comment on videos, I just wanted to pop in and say this was REALLY well done and I thoroughly enjoyed it!
Thoughts on the state of financial influencing? I'd love to hear them
I'm a skeptic and somewhere along the road that led me to your channel. What I would like to see more from your channel is a slower pace. You don't even breathe in your videos! :) I think YT recommended your channel because I am subbed to Benjamin. That in mind, I think more humor in your content would reach a larger audience. Benjamin is miles away from you on content presentation but I am often trying to catch up to his jokes whilst trying to absorb the financial take. (he's a little too much with the humor) The knowledge seems on par but your videos are dense and while you inject humor, it's lost in the density of your script. I'm a little man. I'll never have a channel of listeners. All I have is an opinion of one of your viewers.
That there's a sucker born every minute. If a channel doesn't have or put their education credentials in the "about" section of their channel, why would anyone take advice from them? I guess the same people who still believe Donald Trump is a good business man (he inherited his money BTW and his tax returns show he's highly leveraged). If you want to get into the weeds on finance, Patrick Boyle and the Plain Bagel are people with actual finance credentials. Another good one is Sasha Yenshin, but be prepared for some f-bombs. He was pretty hard on the guys he calls the "bitcoin bros".
Honestly I wish I had just bought an Index fund
THANK YOU!!!!! You are correct. I have been looking to educate myself on finance as I enter my retirement years. I seriously don’t want to lose my money so someone else can get more clicks.
Just wait until 2028 or 2032 *their will be a market crash* then buy up great stocks at a cheap price and go live in Thailand or south/central America for a year or two while your making money in the markets ;) thats the simplest way to invest.
one of the good things I've learned from them is to just invest constantly. I only invest in larger companies that everyone has probably heard of or at least used before. I also invest into dividends (just a preference, tho im not getting "high" return dividend stocks). so far my peak for the year (2023 only) was 14%, right now im sitting at around 5%. Never have bought a stock thats recommended, nor an index fund. I think they have good advice, but not really good stock picks they share.
why not an index fund?
@@np5246 Well with doing research, and planning out what you want to invest in, you can beat index funds. I'm not saying that you will beat them by some crazy number, but its not to hard. Index funds trend to beat people who act on fomo. If you use your head its not hard. if you don't want to think go index funds as well.
My basic rule with investing….. if it has no PE or a very high PE, you really need to manage your risk and expectations. I have bought RUclips recommendations and done very well mostly. Basically, use some common sense. Most of these are spec stocks…. Treat them as such and only invest what you can afford to lose. On the flip side, try to stick with market sector leaders with a proven track record of positive earnings and you should be ok.
I think it’s extremely important that people (myself included) take the time to learn about the broader economy because the price of all these stock are heavily influenced by macro economic factors. Following that take the time to understand the product sold by these companies, why it had been in demand, why it’s likely to be in demand, how is the company planning to grow(sell more of their products), the track record of the management( which influences the likelihood of the growth plan succeeding), and the overall direction of the market sector and how it might influence the positioning of said company’s product.
Thanks for this! It's time we hold these creators accountable. You mentioned a lot about "doing your own research". Can you please point us to the right direction where we can do that? What credible and relevant websites should beginners go to understand finance?
The Financial Diet has a great RUclips channel and website. Highly recommend!
No one is going to teach y’all how to trade for free YALL have to put effort/time/money into it take a course there wil be ups and downs wins and loss but y’all can’t expect shit for free they put they time and effort YALL should too they give y’all the basics it’s up to u from tehre to learn and go on YALL expect them to educate y’all like y’all one of their students gtfoooo weak ass niggas y’all just expect free handouts that’s failure in life
Y’all expect free handouts pbums
I dont believe anything can be reliable other than the safe 3-4% ROI at the bank
stock market is extremely volatile and no one can be good unless they have some kind of insider information
@@luisdiaz6654how is asking for a credible source the same as a free handout? They aren’t asking to be spoon fed the answers; they’re asking to be pointed in the right direction.
As someone who isn’t subscribed to your channel but was interested by the subject matter, I enjoyed your message. The only thing missing was a comparable analysis of your recommendations over the same timeframe.
I don’t know what you’ve said historically but if the intention is to show how it should be done I’d think demonstrating what a good finance RUclipsr does would have been helpful.
No sub yet… waiting for the full disclosure first.
Thanks for sharing your perspective.
I love your take on This Woman's video . I think like you said it would have made it a lot more transparent if she would have included her own advice and what kind of money was made over the last couple of years. The possible reason that she did not include it if I read between the lines her financial advice was probably the same as the others.
Thanks Karson. Graham and Andrei originally helped me, kinda like a "friend" to listen to about dividend growth investing, index funds, saving money, living below your means.
When their content switched to click bait for the masses...sigh. They had some good things going!
I still remember stumbling upon some finance guys livevstream during the Gamestop short squeeze. This fool was telling his viewers that "now is the best time to buy gamestop stock. This company is going to soar in the next few years!"
I briefly exchanged with him in his live comments. I told him that Gamestop is a horrific investment that is only worth $25 at most. Paying $100 now for it expecting it to grow is just wrong. I worked at Gamestop for over 5 years. They make really bad business moves and mistreat employees. They will not do well selling games digitally when Epic and Steam already monopolized the market and do everything better than Gamestop.
Well the guy didnt listen and kept telling his viewers how Gamestop was going to do all this stuff with gaming.
Look at Gamestop today and it fluctuates around $25 bucks average… ..just like i said it was worth. Today it sits at $14. During the big spueeze a year ago it was $125. Anyone who listened to that "guru" lost big time.
This was a great video. I listened to Finance RUclipsrs mostly to learn and I liked hearing a subject being discussed that I was interested in. That being said, it helped educate me in the space- but ultimately lead me to a place like Celsius where I lost everything. Now, I see them as 'entertainment' and stay with two feet planted in the real world when it comes to financial decisons.
What makes you think you wouldn't have lost money elsewhere in this economy?
The youtube influencers are good for beginners. Perfect to get informed on stocks, ETFs and so on. In other words, to get the ball rolling so to speak. Eventually you have to do your own homework and break out on your own. They should be used as a beginner's guide but definitely not for "financial advise" WHICH they do state it repeatedly for a reason. They provide information ONLY.
You are right, they are all full of ship. I stopped listening to them when i stopped random buying when the economy took a ship. The best thing is find what works for you, slow money is better than fast money for me.
Great video. I suspect going to look for old videos is actually an optimistic view of the past, as some of the worst predictions have been deleted.
As for me personally, Anything that says or smells of "prediction" gets an immediate "not interested."
Thank you :) and that’s very true!
Very well made video. The big Finance RUclipsrs also remove videos of bad predictions so their returns are even worse than you showed most likely. It's tough with the click baity titles....I feel like its a game we all have to play otherwise we won't get the views for the videos we put hours of work into.
This is a flat out lie.
TLDR: finance youtube is okay in their first 2-3 videos (ex: explaining compound interest, using debt, proper financing, psychology of man & income etc.) but after that, it's just courses, grindset and whatever being peddled
The Plain Bagel is still great, very informative and honest. He never overhypes stuff, he just gives you the pros and cons of different strategies or assets and makes it clear that you need to decide for yourself if it's right for your goals.
This take is 100% fire! 🔥🔥🔥🔥
So good to see people acknowledging that channels that might have started off giving perfectly reasonable advice, just don't anymore!
Beautiful research.
Appreciate it :)
Anyone recommending specific stocks can be safely ignored. Finance YT is largely rubbish and this video is spot on, good work to the creator. A good exception is James Shack, in my opinion a high quality channel, who also by the way never tips any stocks ever.
Oh wow. So it's not just the title that catches people's attention, it's the visual aspect of the thumbnail that can click-bait people. I never knew that. Thanks for sharing that important detail!
I love the transparency coming through in the industry
No matter what
You watch, never substitute someone else’s thoughts for your own- in other words always do you homework!!
I’m sure all those influencers did their own homework. Homework doesn’t mean you won’t lose.
The best stratgey is to educate yourself. Have a broad knowledge of what affects what and how. The couple times I lost money the most was based on influence from other people. After a while, i realized the best strategy is to research and make decisions that will benefit YOU personally. The click bait RUclipsrs are doing the same thing right? Be smart and focus on yourself.
Although I am a finance professional of almost 10 years, I still think I don't know even half of all this financial stuff. But my major take away from learning about investing was to invest in things YOU know and understand, not what some RUclipsr tells you to invest in.
Many Finance RUclipsrs got paid by companies to pump their stock. I don't remember who, but one of them came clean, and denounced this. Then I remembered all the YTbers I was watching that were promoting stocks for short term gains with some talking points and arguments that were basically what they were told to do. So I just ignore them now. Regarding the test you made, careful with picking example just before the current crisis. Looking at Tesla and some others, they were at their all time high in 2021. Now, the whole market meta is down. And I don't consider 2 years as long term.
Ive noticed there are 2 trends; those who are over optimistic/false, 'youll be rich in a year doing this'; but people also dont speak about the other trend is about being utterly pessimistic and sells themselves as real 'youll never have money regardless of how much you save or invest';
This is not a fair assessment. Most all stocks are down currently. And RUclipsrs always make the disclaimer that they are not advertising and some even simply say “this is just what I’m doing” and yet you’re twisting the words and saying that they directly “recommend it” which is false and now it seems you’re twisting the words to get clickbait on your channel. How ironic. It’s always been said to do your own research and yet you neglected to mention, say, or give credit to the fact that they have said or have mentioned this time and time again. I thought this vid was good at first, but it’s distasteful how you’re twisting others’ words.
"For Entertain Purposes Only" I saw that on the sign on my way to the Internet.
Wohhhh Reality exposed ! 🙂 Happy to watch this type of content where some is here to speak about how so called fin-fluencers are promoting thoroughly FTX / forex / crypto / betting app and all ... (even big creators too)...
Edit : You earned a Fin-Influencer Subscriber (from India) 🙂 all the best...
Great video! and yes I think we all have learned that peloton and shopify were bad picks long term since loosing 80% of their value after the pandemic once interest rates started rising and easy money and demand flew out the door.
I pretty sure Graham Stephan sticks to index funds for investing, and yes promoting FTX was not a good move in hindsight.
Thanks Shaun!
There are many factors contributing to this problem. However, I would suggest that viewers carefully look at a RUclipsr's credentials. Does the "financial expert" have years of experience as a banker, investment banker, Financial Advisor, etc? Do they have an MBA? Do they have a recognized certification? Have they ever held a Series 7 securities license? For example, I have an MBA and worked on Wall Street as a banker for 30 years with large European banks, earned my Series 7 twice (very rare) and was a Financial Advisor for Merrill Lynch for 2 years. Also, people need to stop looking at "get rich quick schemes". Growing your net worth and retirement assets is a marathon, not a sprint.
Alternate title. Why i stopped listening to financial youtubers and became one. Its way more lucrative.
In India there is boom in number of finance influencers since covid period. Many of them will show you flashy life , and they aren’t certified from SEBI. They earn money by fooling people. Now only few finance influencers are real who focus more on long term investment. Youths are in hurry to earn profit in short term so they try trading & loss of tons of money.
I think Graham gives pretty decent advice as a real estate investor myself I don't always do what he says however I do generally think he gives solid advice. I also was affected by voyager and moved to ftx when I thought they might buy. 😅 Lucky I didn't put money I just opened a account to wait. Now I have a binance account and we shall see. I think a lot of people have been desensitized about the click bait and don't care to much and I don't think the average person would make the decisions you guys say. If anything I watch to see what's trending and then I go do my own research and make my purchases off that.
To say that the Fed raised interest rates by 50 basis points is to use the Fed's own obscuring language about what it is they actually did. The Fed doesn't raise or lower interest rates. The fed prints money and uses it to buy debt instruments. Or they allow the debt instruments to mature and thus unprint money. They call that raising and lowering interest rates. But if you listen closely, they don't even really call it that. It's an interest rate target. They don't even really have control over the target. They pretend to raise in lower interest rates. The fed is pretending to have a power that they don't have.
So just because all of the most professional people are repeating language, the fed wants them to repeat, doesn't mean they're delivering the best and most accurate message.
Great video with no self absorbed motives, well done, truth always x
On the point of not being taught finance at school, there was a finance RUclipsr who's name I forget who pointed out something very interesting: school isn't there to educate, it's there to train workers.
I don’t think Graham Stephen really deserves to be featured in this video. I’ve been following him since he only had 17k subscribers and he really doesn’t give any information that you wouldn’t get from a CPA or financial advisor. He is the he definition of conservative and provides a lot of useful information in his videos.
The one thing I will concede on is that he’s gotten pretty clickbaity with his titles.
I intentioally avoid clicking click-baits. Also whenever title says something like "The one thing that "something" " instead of naming that one thing, I never open. Also whenever thumbnail has a face with an overly strong expression, fire in eyes or any other gimmick, I avoid opening them in purpose. I think they are meant to attract people who watch TV and especially reality TV.
Holding no punches....😂love it !!!!!
Lol thanks!
Good video, this channel looks like it deserves the 4 million subscribers graham stephan has, continue improving!
Haha thanks so much!
A year later and this is still so fitting. I used to watch Graham before he became this big and changed his tone on certain products. I still tune in from time to time but not nearly as regularly
There are some other financial RUclipsrs I really enjoy. Patrick Boyle is interesting, funny, and clearly knows his business. Jaspreet Singh (Minority Mindset) has a weakness for those hyperbolic headlines but his actual content is sound and down-to-earth. Neither of these has ever recommended a stock AFAIK; I think they both speak well of the big, safe ETFs but that's the extent of it. And I like Ray Dalio's video "How The Economic Machine Works." Really what all three of them do is explain how the money world works, which is a springboard for your own research so you're not just stabbing around in the dark. Also, I like Ramsey for personal finance though I would never look to him for investment advice.
I stay the H away from anyone who recommends particular stocks.
For sure!
There used to be a tongue-in-cheek saying, " how do you make a small fortune on Wall St.?
Start with large one !" learn many different schools of thought and what they are aiming for and choose your own simple steps for a solid boring foundation carefully.
A good awareness video 😊 I started watching Finance videos fairly recently and had noticed how much dramatic content there was and it got me questioning whether it was all just a load of nonsense, or at least most of it!
Looks like the winning strategy here is to buy stocks that aren't recommended by youtubers
Haha maybe!
I came up with a dystopian scenario brought on by the lies of the financial influencers, it's were three egotistical influencers combined their company's and their influence on this generation to build a paradise in the sky to escape the matrix but it would crumble at the hands of mutants the influencers created at their faults
You just earned a new follower for keeping it real.
You got really good at being yourself in front the camera👏👏
Appreciate that!
Thank you for following up on the recommended stocks! So interesting. Appreciate the work you did.
You articulated exactly what I was thinking. Thank you and you just gained a new subscriber.
I learned more from you in five minutes, then I learned from these guys and you didn’t even have to talk finance you said words, that I haven’t even heard and I’ve been watching and learning for a couple months!
To play devil's advocate. The macro economy hasn't been the best for any stock. BUT I agree these "financial influencers" are the last people you should be taking serious advice from
I agree, two years ago we were at peak highs, and the market only went up. Times have changed though. Many of the top stocks have crashed since; with anyone recommending stocks, take what they say with a grain of salt.
@@MorrisMoney That’s because you have poopy pants in the White House
100 years ago there were fortune tellers saying which stocks to buy. Same thing, different wrapping.
This was a great video! I would love to have you as a guest on my podcast. We need more genuine people like you getting their message out! :)
The only finance RUclips ive watched made me 8 Thousans about 4 years ago when i got 18 i got a bit of money and he said Invest it in diverse etf and i did it works. All advice i needed.
The irony that Karson is also trying to be such "influencers".
spot on.. they use click bait so you have to dig out the intent. waste of time.. and it seems they all get the data at the same time with very few exceptions that I subscribe to.
I once watched a video in which Graham Stephan mentioned he doesn't always want to post "sad looking thumbnails" but his clickthrough rate on thumbnails when he looks sad are SO MUCH BETTER that it just isn't very good for his channel to post one WITHOUT looking "sad"! On one level - I can't really fault him for this... he's just trying to make money like everyone else is. On another level - I wish it wasn't this way.
*JESUS CHRIST LOVES YOU AND CARES FOR YOU HAVE A GOOD DAY EVERYONE*
The English word for "God" comes from the Hebrew word Elohim which means gods. The "gods" that the ancient people worshipped in the beginning were the stars. So the Bible's Genesis 1:1 should have been written as "In the beginning the stars created the heaven and the earth".
Remember, our Sun is a star ⭐
Angel means Messenger in Hebrew, it is refer to star/s. A Star/s gives us messages. They are our Messengers. Like when to plant seeds and when to harvest etc. Stars move across the sky as if they had wings. That's why we see statues of Angels with wings. They are really stars with wings. "Fallen Angels are just " fallen stars" 🌠
Bible, Melachi 4:2 Sun of Righteousness with healing in his wings.
The wings represent the Sun flying over our heads from from east to west. This seen on an ancient egyptian pyramid walls.
The thing that turns me off from the finance channels is the amount of investment bots that plague the comments section.
Based on the like count something can be done to stop this if everyone who is pissed off about the lack of accountability calls out to the SEC and consumer protection agency. We have to demand accountability or there will be none.
Becoming wealthy is easy and boring.
1) Acquire rare well paid skills and get hired or paid to perform them.
2) Acquire a minimalist mindset, don't throw your hard earned money away. You don't need 99% of the crap people is trying to sell you.
3) Invest long term on large global ETFs (ideally all world)
4) Be consistent
Yeah I think she did not research tesla enough. It wasnt a net negative but a super net positive since it got split like 2 times in the past few years and still ended up the same price as before the splits. It is still really freaking high from where it started and is still stable enough to keep. Also the reason it dropped was cause all car dealerships dropped. People started to lose the ability to afford cars and it started to hit hard in 2023 cause the 2nd hand market started to die. Nio got hit a while back cause they had to be regulated to USA standards causing a big decline given its a stock from Asia and did not follow the standards here. Rocket I got no clue.