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iOSAT t1_j0qa7df wrote

Reply to comment by damnwhale in Social media influencers are charged with feeding followers ‘a steady diet of misinformation’ in a pump and dump stock scheme that netted $100 million by Wagamaga

Unfortunately good investment advice would make for a terrible daily television show. Informing people how to establish 10% annual returns over 30+ years on a diversified portfolio, isn’t as exciting as telling people about THE HOT NEW DISRUPTIVE TECHNOLOGY THAT COULD CHANGE [industry] FOREVER.

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damnwhale t1_j0qx8r0 wrote

Truer words have never been spoken friend

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Poppadoppaday t1_j0s7v1k wrote

Yup, the barrier to sane investing has never been lower. But buying target date index funds from Schwab or whatever isn't exciting. Market returns won't make you rich anytime soon.

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