How to spot bad financial advice online: watch out for these red flags

How to spot bad financial advice online: watch out for these red flags

Assessment

Interactive Video

Life Skills, Business

University

Hard

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FREE Resource

The video tutorial provides guidance on identifying reliable financial advice online. It highlights red flags such as promises of secrets, day trading, and fast cash, which often indicate unreliable advice. Conversely, green flags include advice tied to credible sources, backed by evidence, and focused on long-term financial health. The tutorial emphasizes the importance of skepticism and personalized advice tailored to individual circumstances.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How can you identify credible financial advice?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the characteristics of good financial advice?

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