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by sph
21 days ago
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True, but so is financial advice on the Internet. There is no answer to 'what should I do with my money today', and anyone that claims to have one either is stupid, lying or trying to scam you. The only valid advice here is to be careful because the economic climate is unstable, and it's not the time to make rash decisions. |
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Actually I would argue there are valid answers to that.
There are varied schools of thought on it, but the most useful and practical ones each have their specific hierarchy of "what to do now".
Here's an example of a single blog post that was the lightbulb moment for me, ten years ago:
https://mrmoneymustache.com/2013/02/22/getting-rich-from-zer...
I was not scammed (and never gave any money to this individual or his blog sponsors/advertisers), the advice here is not stupid or mendacious, and it is genuinely helpful if your goals align with the stated intent of their admittedly very simple strategy.
The nihilism of "nobody knows what to do or can give you actual advice" is an self-defeating choice. There's plenty of help available out there. At least until some of the internet survives LLMs.