Why does 90% of the financial advice from the black “financial gurus” involve fraud?

TEH

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lol there’s plenty of gold on youtube from people richer than you’ll ever be and better with finance than you’ll ever be. Its a source of information not much different from a library. Of course theres alot of bullshyt but that’s on you to filter it.
Links ?
 

Piff Perkins

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Why the fukk would you get financial advice from YouTube?
There’s some good financial advice on YouTube though. The problem is that as the OP said, a large amount (if not a majority) of the major black financial advice sphere revolves around grift and fraud.

If you want to learn about index funds, compound interest, savings accounts etc via video it’s probably gonna come from a white or Asian person on YouTube.
 

Suzie

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I watch PocketwatchingwithJT and almost all the financial advice from the black influencers involve some type of fraud or scam to get your credit score higher to qualify for a loan that you normally wouldn’t qualify for. And they act like loans are some type of free grant that you don’t have to pay back :mindblown:
I watch him too. It’s sad that so many are being misled. It’s also scary how easy it is to commit fraud
 

MR. SNIFLES

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JT automations is a better channel … no fraud just ways to make money … that’s a different JT though
YEAH I SAW SOME OF HIS YOUTUBE VIDEOS. HE SPOTLIGHTS REAL HUSTLES. THEY'RE NOT ALL GLAMOROUS EITHER. BUT YOU CAN GET YOU SOME BREAD.
 
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AAKing23

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"Financial gurus" my ass....all of them fake....supposedly they make a millie with ease and now from their kindness of heart wants to help you for only 500 dollars:mjtf:
I wish I fukking would pay 500 for a a bullshyt online course :mjlol:
 
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lol there’s plenty of gold on youtube from people richer than you’ll ever be and better with finance than you’ll ever be. Its a source of information not much different from a library. Of course theres alot of bullshyt but that’s on you to filter it.


You sure told me
 

CrimsonTider

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There’s some good financial advice on YouTube though. The problem is that as the OP said, a large amount (if not a majority) of the major black financial advice sphere revolves around grift and fraud.

If you want to learn about index funds, compound interest, savings accounts etc via video it’s probably gonna come from a white or Asian person on YouTube.
Also people are trying to learn how to shortcut and get rich quick especially a lot of desperate black people

Learning about compound interest and index funds isn’t really a lure
 

Kingofthereal

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Because these white folks be doing fraud! Idk how y’all nikkas don’t know, take your ass into some of these places white folks be at and you’ll realize they do it the most.
 

King Poetic

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Yeah I like pocket watching channel

It’s crazy when u watch it and it’s scam scam scam fraud fraud etc..

That’s why it’s best to go check around with your local older brothers and sisters in your area who been doing this for years and not all on social media

Best advice is to do your homework on everyone
 
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