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 Culture

How to Foster a Strong Culture With a Remote or International Workforce

A strong culture requires an intentional approach when teams aren't in the office.

Leadership

How a $10,000 Investment in AI Transformed My Career and Business Strategy

A bold $10,000 investment in AI and machine learning education fundamentally transformed my career and business strategy. Here's how adaption in the ever-evolving realm of AI — with the right investment in education, personal growth and business innovation — can transform your business.

Growing a Business

I Exited My Company in Just 7 Years — Here's 3 Things You Need to Do to Have a Successful Exit

Discover the 3 crucial factors you need to know to ensure a successful exit.

Leadership

How to Break Free From the Cycle of Overthinking and Master Your Mind

Discover the true cost of negative thought loops — and practical strategies for nipping rumination in the bud.

Social Media

How To Start a Youtube Channel: Step-by-Step Guide

YouTube can be a valuable way to grow your audience. If you're ready to create content, read more about starting a business YouTube Channel.

Leadership

Want to Enhance Your Influence as a Startup Leader? Here's What You Need to Know.

Discover the foundational influence styles of "pushers" and "pullers," and learn practical tactics to refine your natural influencing approach. Enhance your performance in startup environments by adopting the most effective elements of both styles.