Social media is a remarkable thing. In the same scroll, you can catch up with old friends, discover a new hiking trail, and stumble across a new recipe you’d like to try. You can also find someone who is predicting where the financial markets are headed next. If financial influencers dominate your social media, financial noise may dominate your thinking. Some people find it helpful to trim those accounts and lean into the ones that focus on your hobbies, community, and things that bring you genuine enjoyment. The people producing financial content on social media are often rewarded for engagement. Dramatic predictions can get clicks, but it’s unlikely they align with your long-term financial well-being. Treat them the way you would a movie trailer. When something in your feed raises a concern, jot it down. Save it for our next conversation. If you have a social feed that you like, bring that up, too. We can check it out together. As the famous saying goes, "It is what you read when you don't have to that determines who you will be when you can't help it.” |
This material was developed and produced by FMG Suite to provide information on a topic that may be of interest. FMG Suite is not affiliated with the named broker-dealer, state- or SEC-registered investment advisory firm.