Social media has become a larger part of our lives than I think anyone could have ever guessed upon its creation. In the recent past, we have seen social media take over the investment world in a very real way. Whether it is investing in meme stocks from a WallStreetBets Reddit forum or watching a financial "guru" on TikTok, young investors are becoming more reliant on social media as a means by which they make their investment decisions. Today, we will discuss:
1. How many young investors get investment ideas from social media
2. Why social media is a dangerous place to get investment ideas
3. Where your investment ideas should come from
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(Please keep in mind that I am not a financial advisor. I create these videos for educational purposes only. You and only you are responsible for the investment decisions that you make.)