“Finfluencers” are content creators who focus on financial information, and while their advice may seem attractive and relevant, it’s essential to be vigilant about whose insights you follow about investing your hard-earned money. On this episode, Alexandra and Nauggets ESG Co-ordinator, Amy Freshwater, explain why “finfluencers” aren’t always trustworthy, and how their advice can potentially harm your back pocket.
For verified insights on investing check out MoneySmart, and the ASIC consumer education website. You can also turn to Nauggets coverage for more information on diversifying your portfolio through gold.