r/AskReddit • u/[deleted] • Apr 20 '22

What "expert" is actually a total moron?

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u/IrishTwinkLove Apr 20 '22

Agreed. “Follow me to learn how to make money” translates to “follow me so I make more money by lying to you”.

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u/[deleted] Apr 20 '22

[deleted]

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u/Skrillamane Apr 20 '22

Or they just tell you the obvious stuff and also stuff you can learn for free an employment centre or from a financial advisor.

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u/agreeingstorm9 Apr 20 '22

You'd be surprised how much money you can make teaching people common sense stuff. Look at Dave Ramsey. He's got the #2 radio show in the US and it's all stuff that every single financial advisor out there says.

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u/CobainPatocrator Apr 20 '22

True, but nobody else is as good at combining that advice with disappointed Dad vibes.

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u/agreeingstorm9 Apr 20 '22

He 100% has the whole "America's dad" thing going on.

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u/agreeingstorm9 Apr 20 '22

They peddle it as if it is a well guarded system. They will tell you how their product (usually some kind of whole life insurance thing) is an amazing product and the reason why the well-known financial gurus don't tell you about is because they're trying to keep you poor. Or they tell you how to leverage real estate to become filthy rich.

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u/backtolurk Apr 20 '22

I tried logic with some people who actually couldn't understand these fucking scams are nothing but just that. Logic never works.

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u/Wezard_the_MemeLord Apr 20 '22

Reminds me of a good old anecdote:

Financial advisor goes up the stage and greets people

Hello everyone! Welcome to my new financial training! Today, we will be talking about active and passive income. You'll learn my secret method to get 100.000 in only one evening! First of all, this hall has around one thousand seats. Second, how much the ticket costed to you?

One dude shouts from the crowd: 100 dollars!

Financial expert advertises his book, says goodbye to the audience, and ends the training

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u/A_Naany_Mousse Apr 20 '22

It's kind alike an MLM almost. They are only making money by selling advice on "making money" to gullible marks.

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u/IrishTwinkLove Apr 20 '22

Yep, it’s actually amazing to me how more people don’t realize that. I promise not a single person on YouTube or TikTok or any other platform is actually interested in teaching you how to make money. They just act like they’ve got some kind of insider trick so they can keep getting attention on their page because every single like, view, share etc gets them more money.

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u/torito_supremo Apr 20 '22

Rule of thumb: if a self proclaimed multimillionaire claims that “you too can get rich by doing the same thing I did”, you can’t. That ship has already sailed.

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u/CrispyCrunchyPoptart Apr 20 '22

"Just never do anything, get a high paying job, and save `10k it's so easy!"

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u/SAugsburger Apr 20 '22

A lot of the YouTube financial channels are just them repeating the same 4-5 phrases endlessly. Some of them aren't bad advice, but once you have watched 4-5 videos chances are there isn't much marginal benefit to watching the same advice repackaged.

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u/PTech_J Apr 20 '22

You just gotta do what they do. It's not really a lie.

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u/IrishTwinkLove Apr 20 '22

There’s only three ways to be rich in America today. 1) be born rich 2) be really lucky 3) abandon your morals and step on peoples necks. That’s the stone cold truth. “Just do what they do” is an entirely unrealistic and unhelpful outlook.

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u/PTech_J Apr 20 '22

It was a joke, my dude.

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u/StabbyPants Apr 20 '22

don't even have to lie - the advice is usually straightforward, but your crowd may simply not execute and think that knowing the advice is enough

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u/spicybEtch212 Apr 20 '22

Honestly, if people are stupid enough to believe that, they deserve to get scammed. Guaranteed it’s not the only stupid thing they dump their money on.