> It appears they've been associated with a lot of hype/fear copy-paste companies that offer highly inflated monthly access to their trades and research. Note that they were named "Game of Trades" before rebranding.

I really wish that people would wake up to the danger posed by meme stock BS “leaking” into the general markets.

Just as voters are responsible for changes in society, uninformed investors can impact society too, especially when they’re amplifying their purchasing power via leverage.

For instance, I’ve been buying real estate forever, and I’ve enjoyed the Reventure app.

But I’ve REALLY noticed that his YT videos are exclusively doom and gloom.

This ceaseless negativity moves markets, just as the irrational exuberance for real estate in 2005 moved markets.

But the exuberance for real estate was driven by people who were buying real estate.

The endless doom and gloom of YT finance videos is for a much different reason:

It drives page views.

That’s not a good thing. Because it’s really easy to get swept up in the negativity. And that negativity has a downstream effect, where it’s often used to convince people to invest in things that the YouTuber is promoting.

Basically, I don’t know if we need an “SEC for YouTube,” but we might.

Yes, I know we already have an SEC for YouTube (it’s the SEC), but nearly none of the people doling out financial advice on YT are trained professionals. It’s the fundamental defect of internet advice; who to trust?

I can only personally speak for myself and I'm not giving financial advice here. I use the Bolgehead strategy of the 3 fund portfolio is still the tried and true I follow, and I have yet to not benefit from doing so, even in economic downturns[0]

[0]: https://www.bogleheads.org