Should SG Finfluencers Be Regulated???

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  • Опубликовано: 18 дек 2024

Комментарии • 75

  • @MasterLeong888
    @MasterLeong888  2 дня назад +4

    Growing calls for regulating online finance-related content amid rise of 'finfluencers'
    ruclips.net/video/EALJ443cGgI/видео.htmlsi=17FivEfmMjUmsc5n
    Yotta Bank & The Problem with Fintech!
    ruclips.net/video/SAFlRSftffc/видео.htmlsi=KLS1-SmMSAB_T1MG
    Hodlnaut Saga
    en.wikipedia.org/wiki/Hodlnaut

  • @lleong666
    @lleong666 2 дня назад +9

    Appreciate ML’s frank sharing on this course selling !!! So we won’t have to go through unnecessary obstacles in our investment journey..

  • @florencetan272
    @florencetan272 День назад +1

    Thanks for sharing the possible red flags. Due diligence and risk management are key given the market volatility. Appreciate your openness!

  • @BuglesK9
    @BuglesK9 2 дня назад +6

    I enjoy your videos and think that your analysis of the market and stock is damn solid. Can see u do a lot of homework plus explain well. Should u decide to be a hermit in Thailand after 2025, pls start a membership program. Believe many of us will be interested in joining it. You r honest in your sharing & not doing it to sell courses.
    Thank you for what you do :)

  • @QQ63555
    @QQ63555 2 дня назад +2

    ML ... like yur fast and furious off the cuff sharing. Not easy to communicate like this. Only ppl who know their stuff can do so confidently and truly. Learnt alot from you though I have no financial background but now have good grasps and understanding of various financial thingy. Look forward to your every sharing. Thank you.

  • @Cuterabbit118
    @Cuterabbit118 2 дня назад +5

    Agree on regulating this area. I’m being bombarded with unwanted ads from Piranha Profits, crypto, forex trading by local fake gurus in literarily every youtube video. Very irritating.

  • @ylwong7751
    @ylwong7751 2 дня назад +1

    ML i enjoy watching your YT even though i dont invest in HK market because i feel the market is over reliance in china govt policy. I like watching your RUclips because i can see that whatever you say you mean it and you r very genuine, thats what i like. Keep it this way. Green dragon will come. 三年不开市,开市发三年! Green dragon will come for the time being collect your dividend while patiently waiting. Perseverance is the key

  • @stanleyfong5296
    @stanleyfong5296 2 дня назад +4

    Congrats ML on your 8k subscribers 👏 personally i feel that these youtubers selling courses are master of emotions engineering, preying on people's greed, thank you ML for warning us 🙏

  • @joey_yong
    @joey_yong 2 дня назад +1

    Thanks master for frank sharing. All those course sellers should be regulated

  • @JJarJared
    @JJarJared День назад +1

    Thank you for sharing this. I followed the finfluencer named "K" and loss about 50k when the platform closed.

  • @purpletulip1688
    @purpletulip1688 2 дня назад +2

    Thanks Master.. Nice video..I so silly last time. Signed up so many courses and gain nothing.. one option is that Daniel Loh course.. Lost more money.. e commerce course.. also never get in, crypto course, break even. :)).. TA course.. now also don't know how to use.. ;((((. No gain from all these courses and paid so much money. I also paid for trading software and lost monies..

  • @VirusKid
    @VirusKid 2 дня назад +1

    Quite agree with what you said. Usually if you have taken undergrad studies in accountancy, finance, business or economics, you would save a lot of money not joining masterclass already~ And a lot of things can self-read on our own.

  • @g2gcio
    @g2gcio 2 дня назад +3

    Congratulate Master crossing 8K subscribers🎉

  • @FunNgeefaye
    @FunNgeefaye 2 дня назад +1

    Yes! Fully agree with you, ML

  • @KS-zd4ew
    @KS-zd4ew 2 дня назад +1

    TQ for highlighting all these tricks used to find easy victims who wants fast profits . We must ask ourselves who will be responsible when large amt of money is lost ? Just like FTX that had celebrities promoting it fr Tom Brady , Gisele Bunchen to all sorts of influencers

  • @李-s8b
    @李-s8b 2 дня назад +1

    Master Leong 西北A赛!点赞👍

  • @haroldteo7994
    @haroldteo7994 2 дня назад +1

    What u said is perfectly correct? If they can find gold , why shout about? They will mine it themselves. A rich person will never share his secret. I support your government regulation. It's just a another way of professional car sales man talk.

  • @dominicteo872
    @dominicteo872 2 дня назад +2

    Huat ah Master Leong🐉🐉🐉🐉🐉🐉💪🚀

  • @TANKIMHAI-k5x
    @TANKIMHAI-k5x 2 дня назад +2

    Agree, those selling course needs to be regulated.

  • @creativezodiac
    @creativezodiac 2 дня назад +1

    Just as concerning is the largely unregulated nature of advertising on major tech platforms. Google is allowing the promotion of gambling and other questionable investment ads, despite these practices seemingly contradicting its own policies. I firmly believe these ads should be far more tightly regulated, both to protect consumers and to maintain a baseline of integrity in digital advertising.

  • @KS-zd4ew
    @KS-zd4ew 2 дня назад +2

    Real story. A guy in Malaysia who’s a nobody , created a token few yrs ago to sell to his new victims and even coin base allowed it to be traded on their platform . Some people invested in it before it launched that my family knew . Once it launched it dropped like crazy down 90% .

  • @ASingaporeChipmunk
    @ASingaporeChipmunk 2 дня назад +4

    wait i just realised you hit 8k subscribers!!! yipppeee!

  • @edwinwee267
    @edwinwee267 2 дня назад +1

    ML, I think it makes more sense to create a separate category for influences to fall under Exempt category instead of demanding the same restrictive regulations from instituitional operator and their representatives. It is just too over reaching not too mention the internet operates in cyberspace across international borders.
    Agree , there should be a space for internet to allow influencers to play within some rules .

  • @addimouse
    @addimouse 2 дня назад +9

    Knn adam khoo make me lose $5k, chi keng make me lose $20k both not regulated.
    No wonder both in the same company called Piranah Profits...

    • @exploringapis4495
      @exploringapis4495 2 дня назад +4

      They earn money by giving bad advices I mean bad entertainment 😂

    • @chewkiatyong
      @chewkiatyong 2 дня назад +5

      @@addimouse Adam Khoo only good with regurgitating traditional textbook theory.. And asking people to join his courses or platform (to use the calculator, which is available free in many other sites)..

    • @Meownekox3
      @Meownekox3 2 дня назад +3

      i think you buy SPY or QQQ better LOL

    • @exploringapis4495
      @exploringapis4495 2 дня назад

      @@chewkiatyongwhen I was in secondary school, Adam Khoo famous for his gift children program. But tiagong he copy from other ppl one this idea. He’s always been a copycat even his stock course is nth innovative just buy and hold mag 7 who dno how to do

    • @temasekb
      @temasekb 2 дня назад +2

      Walao just buy index sua and sleep well

  • @dennisyin2844
    @dennisyin2844 2 дня назад +2

    Once you are no longer with a company, your representative number is no longer live, meaning you too cannot give advice. Take note of that.

    • @MasterLeong888
      @MasterLeong888  2 дня назад +1

      that's why I got put on my channel 100% entertainment and education only
      but what I trying to say is that i got follow all rules and regulations and I am only to be regulated cheers

  • @AZ108AZ10
    @AZ108AZ10 2 дня назад +2

    RUclips - Growing calls for regulating online finance-related content amid rise of 'finfluencers' - CNA - 13 December 2024.

    • @AZ108AZ10
      @AZ108AZ10 День назад

      RUclips - Tesla Stock Alert: Is TSLA Pulling Back to Support? Technical Analysis for December 18, 2024 - Sora Trades🕊 - 18 Dec 2024.

    • @AZ108AZ10
      @AZ108AZ10 13 часов назад

      RUclips - How Elon Musk Tesla will GO BUST - Chris Norlund - 18 December 2024 ⛔

  • @exploringapis4495
    @exploringapis4495 2 дня назад +1

    Agree with shit hits the fan. Our kelvin gor gor promoted hodlnaut then the kumgong ppl who listen to him got money trapped there. Oops

  • @Retired734
    @Retired734 2 дня назад +4

    Yes, licensed is necessary 😅

  • @thomasgoh6176
    @thomasgoh6176 День назад +1

    So that my RUclips lesser of this pop up ad like Adam Khoo

  • @KS-zd4ew
    @KS-zd4ew 2 дня назад +1

    These zero responsibility people recommending investments that becomes income for them should be held accountable if the shit hits the fan

  • @chewkiatyong
    @chewkiatyong 2 дня назад +5

    how to regulate? adam khoo (the national reverse indicator) will wiggle his way out that he is not selling/promoting to SG viewers..

    • @MasterLeong888
      @MasterLeong888  2 дня назад

      i also dunno what is the best way to regulate wor,
      but i think will have major updates from MAS in 2025 as there has been increasing news coverage and discussions by CNA in recent months

  • @LiZhongXin
    @LiZhongXin 2 дня назад +1

    Definitely

  • @stevenyip2631
    @stevenyip2631 2 дня назад +1

    Yes, must regulate.

  • @bugeyedcivic
    @bugeyedcivic 2 дня назад +2

    Good sharing, ML. Can tell you are good person.
    ps : how to reach you offline?

    • @MasterLeong888
      @MasterLeong888  2 дня назад +4

      i cannot be reached offline, i just quietly lead my life hahaha
      I only talk cock on youtube as a past time

    • @bugeyedcivic
      @bugeyedcivic 2 дня назад +1

      @MasterLeong888 fair enough. Good strategy actually, stay anonymous where possible. I practise that myself too :). Hope to bump into you sometime

  • @Jeremy88888888
    @Jeremy88888888 2 дня назад +1

    Just like that China Ah Nan had made a lot of their audience suffer big losses.
    I also agreed they should have license to do so.

  • @Jeremy88888888
    @Jeremy88888888 2 дня назад +3

    My sister really wanted to join Adam Khoo $4K course. Luckily. we stopped her.

  • @tamages
    @tamages 2 дня назад +1

    They sell course because they know very well the risk of options or whatever strategy they have compared to your signing fee…almost risk free.

    • @MasterLeong888
      @MasterLeong888  2 дня назад

      yes, selling 4k course is bao jiak sure earn $$$ kekekeke

  • @sktan9632
    @sktan9632 2 дня назад +2

    Agree, this idiot in ad.. said no need give son allowance, son makes his own money doing some investment. in my heart I think it's damn irresponsible,will kill a lot of people. So easy,if me I will not teach others unless my friends,and who's going to spend years studying? plain common sense. No short cut in life !!

  • @Paper8484
    @Paper8484 2 дня назад +1

    I just think that those seling courses have to be regulated heavily.

  • @raymondtansg
    @raymondtansg 2 дня назад +4

    Yes, most are charlatans in disguise 😂

  • @Koh-HG
    @Koh-HG День назад +1

    ML, For investors and traders, if we deposit money into a broker that suddenly closes down, could our funds be delayed for years before we can withdraw them? (example IBKR, moomoo etc..)

    • @MasterLeong888
      @MasterLeong888  День назад +1

      yes, this has happened to MF global before en.wikipedia.org/wiki/MF_Global
      that's why i spread my funds into 4 brokers, i use tiger moo webull long bridge if one goes down then i focus on the other 3

    • @Koh-HG
      @Koh-HG День назад

      ​@@MasterLeong888 got it. Thanks

  • @chinhoeong2446
    @chinhoeong2446 2 дня назад +1

    Adam Khoo got MAS license or his firm got license?

    • @MasterLeong888
      @MasterLeong888  2 дня назад +1

      eservices.mas.gov.sg/rr
      I searched adam khoo and nothing is found

  • @marvinfoo4838
    @marvinfoo4838 2 дня назад +1

    if MAS director see this video how ML 😁

    • @MasterLeong888
      @MasterLeong888  2 дня назад

      ok ah, i never said anything wrong ah just my own view ah... but i believe behind the scene they are preparing something already
      CNA has much coverage and discussion on this topic so soon we will get more details kekeke

  • @ivanesetan7324
    @ivanesetan7324 2 дня назад +1

    Hi ML is endowus platform risky to invest?

    • @MasterLeong888
      @MasterLeong888  2 дня назад

      fintechnews.sg/101779/wealthtech/endowus-revenue-doubles-2023/
      The company, licensed by the Monetary Authority of Singapore, posted a revenue of S$19.8 million (US$15.4 million) for the year ended 31 December 2023, marking a 2.4x increase from the previous year’s figure of S$8.3 million (US$6.6 million).
      Despite the revenue jump, Endowus’s net losses grew by 10.5% year-on-year to S$30.6 million (US$23.8 million), largely attributed to rising operational costs.

  • @tryolegend
    @tryolegend 2 дня назад +3

    No. If you want real advice go and get an account on a credited firm. Dbs. Ocbc. Pay for a real financial advisor. Don’t come youtube for free advice and blame them for free advice.

    • @MasterLeong888
      @MasterLeong888  2 дня назад +2

      yes that's why youtube I got put my sharing is 100% education and entertainment
      those that one financial advise best to get the full service from bank safer hehehe

    • @Paper8484
      @Paper8484 2 дня назад +1

      RUclips can learn alot. But please do your due diligence before you act.