8-8-2022 – Gen Z May Be Getting Bad Financial Advice on Social Media.
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 9 August 2022
⏱️ 47 minutes
🧾️ Download transcript
Summary
Reputable financial advice is rarely one-size-fits-all, which is why you won’t find many financial advisors giving tips on social media.
Today's Stocks & Topics: Local Tax-Free, Job Growth, Consumer Debt, XLE - Energy Select Sector SPDR ETF, LAND - Gladstone Land Corp., FPI - Farmland Partners Inc., SCI - Service Corp. International, VNQ - Vanguard Real Estate ETF, NKE - Nike Inc. Cl B, BWA - BorgWarner Inc., VALE - Vale S.A. ADR, What Type of Companies Should Be Keep.
The PERSPECTIVE concerns investors by AGE GROUP... and adds historical context by looking at the infamous stock market crash of 1929.
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Transcript
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| 0:00.0 | This is Invest Talk, independent thinking, shared success. |
| 0:08.3 | Just and client Steve Peasley, stand ready to take your finance and investment questions |
| 0:13.4 | and share their unbiased answers. |
| 0:17.0 | Invest Talk is made possible by KPP Financial, a registered investment advisor firm serving |
| 0:22.4 | clients throughout the United States. |
| 0:25.3 | The clarity for your path forward starts now. |
| 0:29.6 | Here is KPP Chief Executive Officer, Financial Advisor, Justin Klein. |
| 0:38.5 | Good afternoon fellow investors and welcome back to Invest Talk. |
| 0:43.3 | This is our Monday, August 8th, 2022 edition. |
| 0:46.0 | I'm Justin Klein and I'm excited for this hour with you answering your finance and investment |
| 0:52.1 | questions which you can reach out to me anytime, 24-7 and leave your message after |
| 0:59.5 | hours or you can call out during our 45-Pacific time live stream. |
| 1:05.3 | Now my focus point concerns the story behind this headline. |
| 1:09.8 | Gen Z may be getting bad financial advice on social media. |
| 1:14.6 | The title of the article is Gen Z but frankly we all kind of use social media to some extent |
| 1:19.8 | for the most part and that likely means you're seeing some level of financial dice and |
| 1:27.0 | reputable financial vices rarely one size fits all which is why you won't find many |
| 1:33.1 | financial advisors giving tips on social media as well as compliance, there are a lot |
| 1:38.0 | of compliance hurdles to be had on social media so I know that firsthand. |
| 1:43.3 | Now time permitting, I will dig into that topic as well as some others such as a local |
| 1:50.0 | tax break, a lot of retirees may not know about. |
| 1:53.7 | So a tight labor market in wheat job growth is not just something that's happening here |
... |
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