‘The Wolf of Wall Street’ author Jordan Belfort: There are ‘certainly’ pump-and-dumpers on Reddit
Jordan Belfort on pump and dump schemes
Jordan Belfort, the convicted felon known as the "Wolf of Wall Street," had some interesting life advice for a 25-year-old making $60,000 a year.
"Quit this job. Get a better job. You gotta think bigger," Belfort said in a viral TikTok clip, which has been viewed more than 2.1 million times.
"You’re never gonna get rich, you’re never gonna get ahead in life and have financial security working for someone else on a salary, punching a clock."
Belfort, whose infamous pump-and-dump scheme was brought to the big screen in the "The Wolf of Wall Street," also took aim at the "traditional school system," telling the 25-year-old to think outside the box.
"You have to develop a side hustle to start, at least," Belfort said. "Get a second source of income, whether that be real estate, investing in stocks, crypto, something. Start getting a second source of income together and then slowly transition into that full time."