There is more investment information available online than ever before — but free information is not always good information.
The internet is full of traders, influencers and self-proclaimed experts. The problem is that poor information can cost considerably more than the price of good education.
There is a huge difference between learning how markets work and being sold the illusion that trading is an easy route to instant wealth.
Slick marketing can make trading look effortless. But unrealistic expectations, poor education and aggressive sales tactics can quickly lead investors in the wrong direction.
The dream is easy to sell: work from anywhere, trade for a few minutes a day and leave the 9-to-5 behind. The reality is very different.
There is enormous demand for the idea that anyone can escape the 9-to-5, open a laptop from anywhere in the world and make money trading the markets.
That demand has created an industry of courses, online memberships and self-proclaimed trading gurus selling a lifestyle that can look very different from the reality.
One of the hardest ways to learn is through costly mistakes. The right mentor can help shorten that learning curve.
Investment information is everywhere, but that does not mean it is reliable. Anyone can publish content online, regardless of their experience or track record.