Ep157: Should you still trust finance YouTubers?
In this episode, Mei Phing shares her thoughts on protecting yourself. She emphasizes the importance of doing thorough research, not blindly following popular influencers, and considering the qualifications and background of those providing financial advice.
Key Highlights
👀 The FTX collapse highlights the dangers of blindly trusting popular influencers and emphasizes the need for personal research and due diligence when making investment decisions.
💼 Mei Phing’s background in accounting and banking brings a unique perspective to the discussion, highlighting the importance of qualifications and expertise in financial matters.
🧐 The trend of relying on entertaining videos and social media for financial advice can lead to uninformed decisions. It is crucial to prioritize understanding the foundations of investments and the credibility of those providing advice.
📚 Mei Phing encourages individuals to take responsibility for their financial decisions and invest in their own knowledge and skills for long-term growth.
🤔 The importance of verifying the qualifications and background of individuals offering career or financial advice cannot be overstated. LinkedIn provides a valuable platform for this research.
💡 Mei Phing’s emphasis on personal responsibility and the potential to make more income by investing in oneself offers a refreshing perspective amidst the chaos of financial markets.
🌟 The key lesson is to prioritize your own understanding and decision-making, rather than blindly following trends or relying on others to protect your interests. Taking control of your career and financial future is essential.
Heyyy - I'm super excited to help you GROW!
What's your biggest insight from this podcast episode?
DM me on LinkedIn or Instagram & let me know - I'd love to hear from you 😊
— Mei Phing
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