Darin Soat:The Problem with Finfluencers & Why it Won’t Get Better Anytime Soon|Rational Reminder276

If you’re in the world of finance, you’d know today’s guest from YouTube — but you’ve probably never heard his real name. However, today and for the first time, he chooses to associate his actual identity with his YouTube channel! It’s an honour to introduce to you, Mr. How Money Works himself, Darin Soat. On his YouTube channel, Darin combines captivating storytelling with high-quality, sensible information that helps you to make better financial decisions. Today, he joins us to explain How Money Works, why he chose to create his channel anonymously, and how he feels after his grand reveal. He describes how his channel informed his career as an investment banker, and gives us his insider breakdown of how influencer businesses work. Then, we dive deep into YouTube as we explore the problems with today’s financial influencers (finfluencers), how these problems are carried through to the crypto market, why it’s rare to find high-quality financial information on YouTube, and everything you need to know about the gamification of investing, creating passive income, and the ins and outs of investing from the perspective of one of YouTube’s top finfluencers, Darin Soat! Timestamps: https://www.seevid.ir/fa/w/CfnmeTTK-6A Intro https://www.seevid.ir/fa/w/CfnmeTTK-6A Darin describes his main YouTube channel, How Money Works https://www.seevid.ir/fa/w/CfnmeTTK-6A Darin talks about his past in investment banking https://www.seevid.ir/fa/w/CfnmeTTK-6A Why the channel was created anonymously https://www.seevid.ir/fa/w/CfnmeTTK-6A How your channel impacted Darin's work while he was still in investment banking 0:22:325 How influencer businesses work https://www.seevid.ir/fa/w/CfnmeTTK-6A The problems Darin sees with personal finance influencers on YouTube https://www.seevid.ir/fa/w/CfnmeTTK-6A How the problems interact with crypto https://www.seevid.ir/fa/w/CfnmeTTK-6A How Darin decides which sponsorships to take https://www.seevid.ir/fa/w/CfnmeTTK-6A What people need to understand about side hustles and passive income https://www.seevid.ir/fa/w/CfnmeTTK-6A The problems that access to seemingly smart and successful people through social media cause for investors https://www.seevid.ir/fa/w/CfnmeTTK-6A How the think the gamification of investing has affected investors https://www.seevid.ir/fa/w/CfnmeTTK-6A The main points Darin believes people need to understand about investing https://www.seevid.ir/fa/w/CfnmeTTK-6A Darin defines success in his life Links From Today’s Episode: Darin Soat on X — https://twitter.com/DarinSoat How Money Works — How Money Works on X — https://twitter.com/howmoneyworksyt Compounded Daily — https://www.compoundeddaily.com/ How History Works — https://www.seevid.ir/fa/result?ytch=UCb9mpGh9PQjFXOG_irzrFoA Google AdSense — https://adsense.google.com/start/ The Index Card — https://www.amazon.com/Index-Card-Personal-Finance-Complicated/dp/1591847680 Dumb Money — https://www.imdb.com/title/tt13957560/ MrBeast on YouTube — Patrick Boyle on YouTube — ‘Reasons to Avoid Index Funds’ — https://www.seevid.ir/fa/w/fvGLnthJDsg Robinhood Crypto — https://robinhood.com/us/en/about/crypto/ Rational Reminder on iTunes — https://itunes.apple.com/ca/podcast/the-rational-reminder-podcast/id1426530582. Rational Reminder Website — https://rationalreminder.ca/ Rational Reminder on Instagram — https://www.instagram.com/rationalreminder/ Rational Reminder on X — https://twitter.com/RationalRemind Rational Reminder on YouTube — Rational Reminder Email — [email protected] Benjamin Felix — https://www.pwlcapital.com/author/benjamin-felix/ Benjamin on X — https://twitter.com/benjaminwfelix Benjamin on LinkedIn — https://www.linkedin.com/in/benjaminwfelix/ Cameron Passmore — https://www.pwlcapital.com/profile/cameron-passmore/ Cameron on X — https://twitter.com/CameronPassmore Cameron on LinkedIn — https://www.linkedin.com/in/cameronpassmore/ Participate in our Community Discussion about this Episode: https://community.rationalreminder.ca/t/episode-276-darin-soat-the-problem-with-finfluencers-and-why-it-won-t-get-better-anytime-soon-discussion-thread/25764

• #howto_style
• #ben_felix
• #pwl_capital
• #rational_reminder_podcast
• #investing
• #finance_podcast
• #wealth_management_podcast