Financial influencers must be licensed and regulated if they provide advice: Alvin Tan

[ctan84]

@ fellow edmwer Kelvin learns investing and @MasterLeong888

take note.

Apparently masterleong is licensed.

 

[focus1974]

what about us.. we always say. . bottom now..
or top sell..
buy this .. buy that .

here.

 

[Old_timer]

please ban all stock mkt adviser ads on YT

 

[XcoVar]

Claypot Scrabby need to take license?

 

[kuti-kuti]

Jialat mens, if post some recommendation on edmw how?

 

[mgx-alander]

Good moi going to bunknife everyone of them to mas if they no license

 

[Toiletpaper80]

https://www.straitstimes.com/singap...nd-regulated-if-they-provide-advice-alvin-tan

finally



when you have unregulated “guru“

talking crap like the above

Nice, can report them to alvin

 

[KYZT2021]

so like agent

 

[RinoaX]

As someone in the industry. I'm glad this is the direction we are heading.

These influences has to take some accountability and responsibility for spewing nonsense.

 

[fortunecat]

https://www.straitstimes.com/singap...nd-regulated-if-they-provide-advice-alvin-tan

finally



when you have unregulated “guru“

talking crap like the above

Want to bash Kelvin kor kor also post his options video mah. This video is just describing the features of the card, where got simi financial advice

 

[ballastic90]

Jin song liao

 

[kyokoto]

Please include those writing books or conducting seminars also.

 

[testart]

https://www.straitstimes.com/singap...nd-regulated-if-they-provide-advice-alvin-tan

finally



when you have unregulated “guru“

talking crap like the above

Has he pass his CFA or got MAS licence?

 

[Foetid]

So will gov leads also be equipped and licensed when they helm different ministries?

like for like it should make sense.

Like the IT should have an IT background, health should be a doctor. Education should be a teacher.

Not only that minister should have minister certification and minister course? They should pay a fees for becoming minister certified yearly?

 

[vbhelper]

property agent reh?

 

[focus1974]

will this one come under Alvin's purview?

selling tickets to a chitchat session ... most likely about finances.

 

[mocax]

onli stupid ppl will listen and believe unlicensed ppl and fake gurus...

 

[keewee0415]

Then book will be banned from sale in SG soon?

The author dunno influenced how many guillible young minds since this book was published.

 

[wongminmin]

actually big deal meh ? many parents provide advice and values to their own kids , government also don't care. those are even more important in life.


Read HWZ Forum Rules!

quite serious.... victims can lose their entire saving or even go into debt.
basically they just give advise without responsibility. they aren't equipped with the knowledge also.
basically win or lose is not their problem, their objective is to convince people to sign up their subscription/product/course etc.

yeah it is a bit dumb, but when people are greedy, they believe they can profit from such investment/trading.

 

[focus1974]

Then book will be banned from sale in SG soon?

The author dunno influenced how many guillible young minds since this book was published.

this one is good woh.

I learned from his book
1) Cashflow, Assets , Liabilities
2) Employee, Self-Employed, Business Owner, Investor

I mean he condensed all these things into simple to understand concept.
then you go delved into how to implement it in your own roadmap.

if he never simplified it and got people interested, people might not have got their feet wet and started learning how to swim. or drown.. if follow the wrong master or doing the wrong things. hehe