Investors Are Using Social Media to Level the Playing Field
Investing and financial knowledge is now easier than ever to find, thanks to the barriers broken down by social media. Empowering a larger, more accessible digitalized investing environment, regardless of credibility investors are leaning more and more towards advice found on major media platforms. According to JP Morgan Wealth Management media preference most Gen Z’s look to Tik Tok and Instagram for financial advice, while millennials and institutional investors look to LinkedIn and Facebook. Weighing in on this trend, Product Lead at Real Vision, Anthony Palatella identifies some further beneficiaries of this rise in accessibility.
“If you look at the proliferation of things like crypto or wallstreetbets, those things are directly made possible via media in all of its forms. Whether it’s Twitch, YouTube, Twitter, etc., media levels, the playing field for investors by giving everyone the same level of access to information. At Real Vision, we provide access to the top experts across finance and economics. So, if you’re interested, check us out realvision.com.”
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