A term used by degenerates who want the credibility and reputation of an actual financial advisor but don't want the accountability and liability that comes along with it. Mainly used by room temperature IQ individuals on TikTok, Youtube, Twitter, etc under the age 21 who probably don't even have a degree, CFA, or any knowledge about basic economics yet feel the need to give financial advice.
You can find them on social media using terms like #ToTheMoon #Stonks #DiamondHands and bandwagoning the latest hype stock or meme crypto and then never to be seen again until another hype stock is talked about by the masses as they don't know anything else about the financial world other than riding the current trend.
They are somewhat related to furus (fake gurus) who want to sell you $1000 courses on stock market education you could probably find on the internet with a few minutes of research. These wannabe financial advisors love to talk about meme stocks and cryptos as well as telling people to #BuyTheDip or #HODL #DoNotSell while still putting in their disclaimer "All posts are opinions and I do not give buy, hold, or sell recommendations."
The problem with these fake advisors is that they think saying they aren't financial advisors creates a loophole where they can't be held liable for their advice. This is literally the same concept as using copyrighted material and saying "No copyright infringement intended" which completely contradicts their statement.
You can find them on social media using terms like #ToTheMoon #Stonks #DiamondHands and bandwagoning the latest hype stock or meme crypto and then never to be seen again until another hype stock is talked about by the masses as they don't know anything else about the financial world other than riding the current trend.
They are somewhat related to furus (fake gurus) who want to sell you $1000 courses on stock market education you could probably find on the internet with a few minutes of research. These wannabe financial advisors love to talk about meme stocks and cryptos as well as telling people to #BuyTheDip or #HODL #DoNotSell while still putting in their disclaimer "All posts are opinions and I do not give buy, hold, or sell recommendations."
The problem with these fake advisors is that they think saying they aren't financial advisors creates a loophole where they can't be held liable for their advice. This is literally the same concept as using copyrighted material and saying "No copyright infringement intended" which completely contradicts their statement.
Actual financial advisor: I use highly complex algorithms and statistical modeling to determine accurate probabilities on my investments and can show you that investing in the S&P500 index has proven to give around a 10% return for the past 10 years
Wannabe financial advisor: stonks go brrr, doge to the moon, buy the dip guys, apes strong together *loses life savings after yoloing it on 0 day expiration options*
Actual financial advisor: This person definitely has "I am not a financial advisor" in their bio
Wannabe financial advisor: stonks go brrr, doge to the moon, buy the dip guys, apes strong together *loses life savings after yoloing it on 0 day expiration options*
Actual financial advisor: This person definitely has "I am not a financial advisor" in their bio
by Mediocre Quant June 17, 2021
Get the I am not a financial advisormug. A group of people who are in the middle of a class action lawsuit, because they conned a bunch of clients into investing in funds that would mostly benefit the advisor.
If you get a phone call from an American Express Financial Advisor, my advise to you is to run. These advisors live in nice homes off of "your" money
by Conned October 15, 2008
Get the American Express Financial Advisormug. Any executive within the Banking, Mortgage or Insurance industries that, despite their own failed job performance, still believe they should be grossly over-compensated at the expense of stockholders, or more recently, taxpayers, via bailout monies.
Executives at AIG are a prime example of a Domestic Financial Terrorist (DFT's). After they run their company into the ground, they keep their job then pay themselves millions of taxpayer bailout money as a bonus.
Also known as Poo-Flinging-Office-Monkeys.(No offense to monkeys, they likely would have done a better job running AIG).
Also known as Poo-Flinging-Office-Monkeys.(No offense to monkeys, they likely would have done a better job running AIG).
by Meeray March 17, 2009
Get the Domestic Financial Terrorist (DFT's)mug. When you are feeling rich in spirit, but you are too financially poor to play music chairs. Here we go round the mulberry bush... again... cuz we're really really poor... financially...
When you are feeling rich in spirit, but you are too financially poor to play music chairs. Here we go round the mulberry bush... again... cuz we're really really poor... financially...
by MK Dicky May 17, 2021
Get the When you are feeling rich in spirit, but you are too financially poor to play music chairs. Here we go round the mulberry bush... again... cuz we're really really poor... financially...mug. A word coined by Quechua Artist Akapa Supay. This word was coined or created from a blog post he posted on his website which was titled "Financial Decolonization". In simpler terms, its true meaning is unlearning bad financial habits, while adopting financial literacy.
"Did you hear how Chester was saving up his money, used it to invest , while doubling his profit? That's some real Financial Decolonization right there"
"My rent is $1,500 for the month and I only had $2,000 to spend this month. I saw this new game system that was another $500, but when I calculated rent and purchasing the game system I didn't think it was a smart decision. I had to ask myself if It was a necessity, and because It wasn't I chose to save my extra $500. I wanted to execute my Financial Decolonization methods during the heat of the moment.
"My rent is $1,500 for the month and I only had $2,000 to spend this month. I saw this new game system that was another $500, but when I calculated rent and purchasing the game system I didn't think it was a smart decision. I had to ask myself if It was a necessity, and because It wasn't I chose to save my extra $500. I wanted to execute my Financial Decolonization methods during the heat of the moment.
by Yuraqamaru July 30, 2022
Get the Financial Decolonizationmug. Wealth & Income Financial Engineer (W.I.F.E.) - The finance department of your average American household. May also be referred to as the finance committee, the accountant, or even hey bitch. Will object to large purchases without prior approval which may result in a change in sleeping arrangements.
So, I am looking at getting a new Samsung smartphone, but it's over $1000! I don't think the Wealth & Income Financial Engineer (W.I.F.E.) will sign off on that.
by Mr_Yuck August 16, 2024
Get the Wealth & Income Financial Engineermug. A person who handles and organizes the money transfer over a purchase, whether it be by cash, check, or credit.
by robstyrr July 9, 2010
Get the Financial Transaction Coordinatormug.