There are a lot of Finance Influencers who give tips on stocks. Now the problem is some of these influencers have lakhs and lakhs 0f subscribers. Though they give a disclaimer but the problem is people want quick money and they blindly follow these influencers and invest their money.
PC: YouTube.com
Recently I was looking at one finfluencers video and stumbled upon a comment where one guy talked about how he invested in one of the stocks based on his video and now he is in loss. Now I will not blame the finfluenecers because that's their job, the problem is with common people. They should not invest blindly seeing others portfolio.
For example, I also have created some videos on the ETF ki dukan which is again low risk investment. But I still asks everyone to invest as per their risk appetite and they have to keep being invested so that they never have the loss. Because ETF strategy is actually a no loss startegy in the linger run.
So yeah it's actually the problem with the people who invests blindly taking the tips. You should not blindly support anyone. I am not saying that you should not listen to then. Listen, learn and then do your own research and then invest. I actually listen to a lot of people but I actually never invested on tips. I always research what's great for my portolfio and what's my risk appetite and then only I invest.
SEBI is actually working on cracking down people who are actually giving tips, but it's a slow process. If we have to succeed on investment, we have to do our research and then invest. Otherwise just invest in the Nifty 50 index. Index investing is one of the easiest and quickest way to get started in any market.
