Online Financial Advice – Only lets you see what you want to see
Given the modern day and age we live in, most people have encountered some form of online shopping, browsing the web for specific products that you are looking for before going to the stores to purchase the item etc. All of the information from our search activities are captured and indirectly sold to third parties in some way, shape or form. This is exactly the same with your personal finance! Your online activities get processed by various algorithms to show you advertisements and feeds on social media platforms that are strategically placed to catch your attention and capitalize on every possible opportunity to profit from you!
There’s a reason why you pay a premium for expert advice
Not to take anything away from sound online financial advice but, investors should beware, they are presented to you off the same algorithms that addict you to cat memes, cooking videos etc. Social media has a business model that works, feeding information to its users that will keep them engaged and ultimately spend more time on their platforms.
“Pay less tax” and ‘Why all of your savings should go into some investment vehicle to help you retire rich and retire early’ are just some of the rabbit holes a lot of people fall into as these are all things that are able to catch our attention. Although there is some sound financial advice out there, there’s probably ten times the amount of influencers who give bogey financial advice.
Apart from requiring a relevant qualification, experience within the industry and various financial products, most of these online influencers are not representing a regulated entity which has certain requirements with regards to the level of knowledge required about financial products prior to giving financial advice in order to protect investors. Online influencers skip the regulatory requirements by disclosing that the information they are about to present is not financial advice etc. However, this comes down to not being the direct receiver of any payment for their ‘financial advice.’ This is bogus as the platforms they use pay them per view they get on their videos, which is supposedly not intended to be financial advice.
See a qualified and experienced Financial Advisor
Before you purchase a share it can always be useful to see a qualified and accredited Financial Advisor before doing so. If you are investing funds that you have future requirements for, it would always be to your advantage to get an opinion from a professional or from a seasoned person within the industry.
Visit our website to see how we can help you with structuring an efficient, well-suited investment plan that will help you reach your future investment goals!
Who are we?
Caveat Capital Management is a strategic advisory firm based in Cape Town. Caveat Capital Management specializes in structuring tailor-made investment portfolios that serve your needs now and grow with you as your needs change. Caveat works to maximize your gains and minimize the risk.
What we offer
Caveat Capital Management has a competitive fee structure that incentivizes the portfolio manager to perform and the remuneration is highly linked to the performance of the portfolio. Caveat Capital MGMT (Pty) Ltd is a CATII – Authorized Financial Services Provider (FSP no. 24777) registered at the South African Financial Services Conduct Authority (FSCA). Meaning that we have the required licensing to structure full-discretionary portfolios structured to your needs.
This report does not guarantee the suitability or potential value of any information or particular investment source. The information provided is not intended to, nor does it constitute financial, tax, legal, investment or other advice. Before making any decision or taking any action regarding your finances, you should consult a qualified financial adviser. Nothing contained in this publication constitutes a solicitation, recommendation, endorsement or offer by Caveat Capital Management, but is merely an invitation to do business.
Information and content
The information in and content of this publication are provided by Caveat Capital Management as general information about the company and its products and services. Caveat Capital Management does not guarantee the suitability or potential value of any information or particular investment source. The information provided is not intended to, nor does it constitute financial, tax, legal, investment or other advice. Before making any decision or taking any action regarding your finances, you should consult a qualified financial adviser. Nothing contained in this publication constitutes a solicitation, recommendation, endorsement or offer by Caveat Capital Management, but is merely an invitation to do business.
Caveat Capital Management has taken and will continue to take care that all information provided, in so far as this is under its control, is true and correct. However, Caveat Capital Management shall not be responsible for and therefore disclaims any liability for any loss, liability, damage (whether direct or consequential) or expense of any nature whatsoever which may be suffered as a result of or which may be attributable, directly or indirectly, to the use of or reliance upon any information provided. Past performance is not an indication of future performance. Caveat Capital Management does not provide any guarantee regarding capital or performance.
Caveat Capital MGMT (Pty) Ltd is a CATII – Authorized Financial Services Provider (FSP no. 24777) registered at the South African Financial Services Conduct Authority (FSCA).