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The high-stakes risks and rewards of DIY finance


The high stakes risks and rewards of DIY finance

Source: http://kernelmag.dailydot.com/issue-sect...

For the armchair experts on Reddit’s r/PersonalFinance community, weighing in on these questions pro bono is all in a day’s work. They are generally affable, seemingly trustworthy, and largely convincing. The subreddit’s mantra promises actionable advice: “Get your financial house in order. Learn how to better manage your money and debt in both the short and long term. Find out how to save an emergency fund and invest for your future.”

But is r/PersonalFinance trustworthy—even for Suze Orman-esque, common sense-driven advice?

Stashed in: Reddit!, Investing, Personal Finance

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Free advice in general is worth what you pay for it. 

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