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Finfluencers' Impact on Financial Literacy

This is a news story, published by torontosun, that relates primarily to Ontario Securities Commission news.

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Technology

Technology

Rise of the finfluencers: How to navigate financial advice on social media

torontosun
Summary
Nutrition label

75% Informative

Financial influencers offer free and easy-to-access tips online about everyday money.

Ontario Securities Commission report shows some of these content creators could offer quality advice, but others may have ulterior motives.

Some red flags could be guaranteeing results or telling investors to put their money in a new meme coin or stock, expert says.

VR Score

67

Informative language

60

Neutral language

53

Article tone

informal

Language

English

Language complexity

55

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

long-living

External references

7

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Source diversity

5

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