Brian Orlando
๐ค SpeakerAppearances Over Time
Podcast Appearances
There's so many great online low-cost brokers now.
I mean, it's easier than ever.
Their UI or user interface is so straightforward and simple.
And I'm so grateful there's all these tools and everything out there for people to use.
Again, some of them are trying to actually promote things, I think, that are trying to take more of people's money, sadly, over time and some of these products again.
But
I see that with, I mean, Robinhood in the US is like a great example.
Yes, for sure.
of just launching so many products to retail investors.
You can do everything.
You can leverage up.
You can basically take debt in multiples now and buy stocks or do option trading.
And these things get complex unless you have a really deep understanding of these.
And even for people who do have a deep understanding of these, I look at the research all the time.
And even with option trading and the wheel strategy and everything like that, you're
best case scenario, you're landing somewhere back around the index fund.
And if you're doing that, not in a tax shelter, you're getting eaten up by all this drag over time.
And I think it's just such a shame of like all these products launching of like so many people are struggling in Canada.
It's such a shame to see.
And so many people are tight for money.