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8-5-25 Where Do Millennials Get Financial Advice? | Two Dads on Money Talk Smart Money Moves

IIn this episode of Two Dads on Money, Lance Roberts & Jonathan Penn dive into how Millennials find financial advice in today’s digital world. From TikTok influencers to YouTube financial experts, and from Reddit forums to traditional financial planners, where should Millennials really turn for smart money guidance?

Lance reviews Monday's Market action, Eurozone vs U.S. economic growth expectations, and Palantir's earnings report. Millennials are getting a lot of financial information from AI, which is nothing more than GroupThink. Why the F.I.R.E. movement failed; retirement is boring; entrepreneurism and the realities of running your own business. Pro's & con's of Capitalism (it's not broken).

0:18 - Markets Stage Two 1% Moves in Two Days
9:06 - Two Dads on Money - Where Millennials Get Financial Info
12:29 - Making Money on The Internet
16:20 - Legal Liabilities Behind Financial Advice
17:46 - Beware of Get Rich Quick Advisors
20:17 - Social Media Advice Purveyors Do Not Know You
22:00 - The Rise & Fall of the FIRE Movement
25:22 - Myths & Realities of Starting Your Own Business
31:58 - Why Businesses Fail
39:05 - The Need for Financial Education
40:02 - Find a Mentor
46:05 - Capitalism Isn't Broken

Hosted by RIA Advisors RIA Chief Investment Strategist, Lance Roberts, CIO, w Senior Investment Advisor, Jonathan Penn, CFP
Produced by Brent Clanton, Executive Producer
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Watch today's video on YouTube:
&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=6s
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The latest installment of our new feature, Before the Bell, "Markets Regain Footing at 20-DMA" is here:
&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1
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Our previous show is here: "Bull Streak Ends as August Begins"
&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=2&t=1223s
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Register for our next Candid Coffee, "Savvy Social Security Planning," August 23, 2025:
https://streamyard.com/watch/pbx9RwqV8cjF
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Get more info & commentary:
https://realinvestmentadvice.com/newsletter/
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Contact Us: 1-855-RIA-PLAN
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#MarketRisk #MarketCorrection #MarketRally #Palantir #Capitalism #FinancialEducation #FIREMovement #MillennialMoney #MoneyTalks #20DMA #StockMarket2025 #BullMarketEnds #AugustStockTrends #InvestingAdvice #Money #Investing
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Lance Roberts
Finally, financial news that makes sense. Lance Roberts, the host of "StreetTalkLive", has a unique ability to bring the complex world of economics, investing and personal financial wealth building to you in simple, easy and informative ways but also makes it entertaining to listen to at the same time.
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