over 3 years ago • 1 min
In this new audio series we want to quiz a range of different voices to help you Finimizers navigate the tricky world of investing. How should you go about setting up an investment portfolio for the long term? How do the pros approach the task of stock picking? Do stock market valuations make sense? These are the questions we want to explore.
On today’s show, we will be discussing some of the problems with day trading. At Finimize, we believe that investments should be made with a long term focus in mind and that the recent trend of picking stocks can have serious and in some cases tragic consequences. To better illustrate this point, we spoke to Bill Brewster, a former bank analyst who now manages his own investments full time – and whose cousin tragically took his own life after racking up losses on Robinhood.
Disclaimer: These articles are provided for information purposes only. Occasionally, an opinion about whether to buy or sell a specific investment may be provided. The content is not intended to be a personal recommendation to buy or sell any financial instrument or product, or to adopt any investment strategy as it is not provided based on an assessment of your investing knowledge and experience, your financial situation or your investment objectives. The value of your investments, and the income derived from them, may go down as well as up. You may not get back all the money that you invest. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment advisor.