Ending Soon! Save 33% on All Access

Reacting to Investment Advice TikTok Fails A financial expert honestly reviews TikToks promising easy money.

By Jeff Rose

Opinions expressed by Entrepreneur contributors are their own.

Financial advisor Jeff Rose watches and reviews several TikTok videos promising high returns on investments. Rose reacts with disbelief to the TikToks and advises extreme caution when considering unsubstantiated financial advice. In particular, stock picks and strategies like options trading promising "guaranteed" windfalls are hit-or-miss and more complicated than the video makers would have you believe.

Related: How the Barbell Investment Strategy Works

Jeff Rose

Certified Financial Planner, Author and Blogger

Jeff Rose is an entrepreneur disguised as a certified financial planner, author and blogger.  He's best know for his blog GoodFinancialCents.com and book, Soldier of Finance: Take Charge of Your Money and Invest in Your Future.  He's also the editor of LifeInsurancebyJeff.com. He escaped a path of financial destruction from dropping out of college with over $20,000 of credit card debt to become a self-made millionaire. His mission is help future generations achieve financial freedom by developing strong money habits and unleashing their entrepreneurial spirit.   

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business Models

How to Become an AI-Centric Business (and Why It's Crucial for Long-Term Success)

Learn the essential steps to integrate AI at the core of your operations and stay competitive in an ever-evolving landscape.

Business News

'Creators Left So Much Money on the Table': Kickstarter's CEO Reveals the Story Behind the Company's Biggest Changes in 15 Years

In an interview with Entrepreneur, Kickstarter CEO Everette Taylor explains the decision-making behind the changes, how he approaches leading Kickstarter, and his advice for future CEOs.

Career

Is Consumer Services a Good Career Path for 2024? Here's the Verdict

Consumer services is a broad field with a variety of benefits and drawbacks. Here's what you should consider before choosing it as a career path.