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Beware of the finfluencer

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Manage episode 387791290 series 2948292
Content provided by podcast@moneymag.com.au and Money Magazine. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by podcast@moneymag.com.au and Money Magazine or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Did you know many Australians get their investment advice from social media finfluencers? It's a frightening fact.

A recent ASIC (Australian Securities & Investment Commission) conference determined that most of those giving financial advice online are both unqualified and unlicensed.

This week on the Friends With Money podcast, Money's Michelle Baltazar chats with Rhys Bollen, Senior executive leader of ASIC’s market supervision team, about the potential dangers of getting investment advice from social media.

  • What is ASIC?
  • What influence does social media have on investors?
  • How can you protect yourself?

Links:

Moneysmart.com.au

ASIC Website

#friendswithmoney #finfluencer #warning #michellebaltazar #rhysbollen

Listen on Apple Podcasts

Listen on Google Podcasts

Listen on Spotify

Money Website

YouTube Podcast Playlist

Email Us: podcast@moneymag.com.au

See omnystudio.com/listener for privacy information.

  continue reading

170 episodes

Artwork

Beware of the finfluencer

Friends With Money

14 subscribers

published

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Manage episode 387791290 series 2948292
Content provided by podcast@moneymag.com.au and Money Magazine. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by podcast@moneymag.com.au and Money Magazine or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Did you know many Australians get their investment advice from social media finfluencers? It's a frightening fact.

A recent ASIC (Australian Securities & Investment Commission) conference determined that most of those giving financial advice online are both unqualified and unlicensed.

This week on the Friends With Money podcast, Money's Michelle Baltazar chats with Rhys Bollen, Senior executive leader of ASIC’s market supervision team, about the potential dangers of getting investment advice from social media.

  • What is ASIC?
  • What influence does social media have on investors?
  • How can you protect yourself?

Links:

Moneysmart.com.au

ASIC Website

#friendswithmoney #finfluencer #warning #michellebaltazar #rhysbollen

Listen on Apple Podcasts

Listen on Google Podcasts

Listen on Spotify

Money Website

YouTube Podcast Playlist

Email Us: podcast@moneymag.com.au

See omnystudio.com/listener for privacy information.

  continue reading

170 episodes

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