Finfluencers: Can we trust investment tips from social media?

Investment advice on YouTube, portfolio experts on Instagram: Finfluencers are promising rapid returns all over social media. But not all of them are financial experts. — dpa

DUSSELDORF: Investment advice on YouTube, portfolio experts on Instagram: Finfluencers are promising rapid returns all over social media. But not all of them are financial experts.

Financial influencers – or finfluencers – give investment advice on social media – and they have been all the rage on TikTok, YouTube and Instagram lately.