Currently, there are more and more influencers on social media. What's hotly discussed is being an investment influencer, which is actually quite disturbing! The reason is, instead of educating followers with knowledge about finance and investment, it is quite adequate.
In fact, many ordinary people are actually interested in investing, but because they are not supported by adequate literacy, they end up entangled in fraudulent investments. For this reason, we should be careful about fraud under the guise of investment.
Investors are the ones who are responsible
In terms of investing, the investor himself is responsible for his investment decisions. So, we recommend that you become a smart investor with the 3Ps: Understand, Own, Monitor.
Yes, in the end, we ourselves must be responsible for the choices we make. So for that we need 'supplies' such as adequate literacy and experience. You can't just go along with the influencers you follow, even though it looks very convincing.
Be Careful, Attract Influencers with Success Stories and Show off Wealth!
As a tip, you can read from books about investing from direct experts, attend seminars/webinars held by trusted institutions that share knowledge or not ask you to buy certain stock products that seem very intense, as a form of promotion.
Many influencers are agents of fake companies, providing investment offers with certain promises.
Saying that this product is legal, profitable and impossible to lose. Where there is a company it is impossible to lose!
They also attract people by showing off their wealth on social media. As a result, the public will believe in the investment offer, without further verifying the product they will receive.
Influencers who tout their wealth become the attraction of the community.
Understand, Monitor, Have
'Understood' here means that investors must understand that if they want to invest, they must use excess funds -- aka not hot money, or funds for living expenses which are definitely out for the day. Then you must also understand the risk profile of investment products and the investment objectives to be achieved.
Investors also need to seek as much information as possible in order to understand them well, before making investment decisions.
Then, 'Have' means you need to choose the right investment partner, like choosing an investment manager. Then also have investment products that you understand the performance of, aka again, don't just go along with it.
Then there is 'Monitor', which means you need to monitor regularly, both in terms of price movements on the stock exchange, as well as company performance. You also need to monitor the latest news, because it can affect the analysis.
Come on, invest in safe ways, okay?