Many wealth coaches/ trading gurus/ personal finance "experts" exist solely to make money from you & not for you
Twitter is filed with "this does not constitute investment advice" disclaimers.
It's easy to shift accountability - so you get away with loosely saying anything.
Consequently, you get university students & talk show hosts dishing out blind advice on retirement annuity products.
It's easy to shift accountability - so you get away with loosely saying anything.
Consequently, you get university students & talk show hosts dishing out blind advice on retirement annuity products.
If you discovered a trading system that works repeatedly with a high degree of accuracy
... would you come onto the internet & share it freely with strangers?
Probably not
The money is in selling the idea & hardly ever in executing the idea itself
... would you come onto the internet & share it freely with strangers?
Probably not
The money is in selling the idea & hardly ever in executing the idea itself
If all of these "financial freedom" & "cut your coffee" folks had to post a snapshot of their monthly salaries, statement of assets & their personal levels of debt
The world would have MUCH less of them
The world would have MUCH less of them
Perverse incentives is something we see in investment banking ALL the time.
You have sales traders selling you stock they would NEVER touch.
M&A bankers advising you to buy a stake in a dysfunctional company.
ECM bankers flogging an IPO that's overpriced horse shit.
You have sales traders selling you stock they would NEVER touch.
M&A bankers advising you to buy a stake in a dysfunctional company.
ECM bankers flogging an IPO that's overpriced horse shit.
@Kosmos_Invest what else to add?
Syndicate okes pushing junk yield paper & calling it "quasi equity" to make it sound sexy.
Syndicate okes pushing junk yield paper & calling it "quasi equity" to make it sound sexy.
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