Learn why trusting financial influencers, such as TV personalities, with investment advice can lead to negative financial consequences. Dante Vitoria, CEO of the Vitoria Group, warns that their investment motives and long-term objectives differ from the average investor, making their advice unreliable.

1. Dante Vitoria: Trusting Financial
Influencers with Investment Advice
Why T.V. Personalities Are Not the Average Investor
It is tempting for individuals to seek investment advice from business savvy
entrepreneurs as they possess a complex and sophisticated understanding of the
market. However, despite their advanced knowledge, investors are not likely to
benefit from the advice of public figures for a multitude of reasons. Dante
Michael Anthony Vitoria — Founder, and CEO of the Vitoria Group states that
although they generate a tremendous amount of wealth annually, their long-term
objectives vary significantly from the average investor. Following the guidance
of individuals who claim they can predict market fluctuations is guaranteed to
lead to negative financial consequences. Dante Vitoria urges individuals to
consider the following factors before listening to the advice of television
personalities:
1. It Is Impossible to Consistently Forecast
Market Projections
The stock market is unpredictable and random, so it is unlikely an individual can
accurately foresee long-term market projections. Unfortunately, individuals who
claim to have all of the answers are often inaccurate in their predictions. There is

2. a multitude of variables such as taxes and commissions costs, which are often not
taken into consideration and will impact one’s total earnings. Individuals looking
to generate a significant profit need to analyze long-term objectives and invest
according to their personal financial goals.
2. They Have Access to a Wealth of Financial
Opportunity
According to Dante Vitoria, tv personalities, such as Jim Cramer and Warren
Buffett’s investment motives differ significantly from that of the average
individual. Likewise, they have access to a wide range of financial opportunities
that are not available to individuals who fall beneath their tax bracket. As a result,
their general approach to investing will vary from the average investor, as they
can take a substantial risk given their social and financial status.
3. Different Long-Term Financial Objectives
Due to the variance in net worth, extremely wealthy individuals often have
different long-term financial objectives. Likewise, many self-proclaimed
financial experts are not diversified and only invest in specific markets. As a
result, they often lack the necessary knowledge to provide individuals with
accurate investment advice.
Investors Beware
Dante Vitoria has over 30 years of business experience running his firm and urges
individuals who are interested in generating long-term wealth to perform the
necessary research before investing in the stock market. Because of the
accessibility of financial advice, it is easy to fall for strategies that claim to
‘guarantee’ a generation of capital.
Many accuse financial influencers of ‘market manipulation’ which is the intentional deception
of stock value to increase personal gain. As a result, investors should be wary of blindly
following the advice of financial experts. Locating a reputable source of information can be a
challenging endeavor, however, it is imperative that individuals make financial decisions that
are within their best interest.