Nearly 80% of young adults rely on social media for financial advice, but a report by Social Capital Markets reveals that 71% of advice consumed by Gen Z and Millennials is misleading, with only 13% of influencers having relevant qualifications. The study analyzed 2,470 TikTok, YouTube, and Instagram videos, finding that 83% lacked disclaimers and 57% implied guaranteed returns, with TikTok being named the riskiest platform for financial advice due to 91% of videos lacking disclaimers and 70% encouraging stock purchases.
Full Article
Netflix Continues to Dominate
In this podcast episode, Motley Fool host Anand Chokkavelu, along with contributors Jason Hall and Matt Frankel, discusses Netflix's ongoing dominance in the streaming industry and highlights key investment insights. Listeners are encouraged to explore the full range of Motley Fool's free podcasts and consider a top 10 list of stocks for potential investment. Want More Context? 🔎
Read more