The Cost of Cheap Advice

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I now frequently see videos and articles offering financial opinions and advice offered by completely unqualified young individuals with no experience or formal education. To become licensed and educated on topics of finance and wealth creation takes a great deal of time. It ensures a level of understanding and competency that cannot be obtained without proper training.

If one is prepared to follow the advice of an amateur, beware.

This is not a simple trade. Managing risk is complex. If one truly seeks wealth development, sources of information presented by unlicensed, unregulated, “influencers” is not the path. Excellent advice requires significant research and experience. Consider what the best free lunch you’ve had tasted like.

The market is constantly changing. If one does not have the skills to pay attention and react in exactly the correct way they may get severely burned.

-Zac