Summary
A quarter of 18 to 34-year-olds now get their investment ideas from Reddit. One in five investors now turn to TikTok for investment ideas, up from 12 per cent in 2021. Use of traditional company financial sites is waning among this age group.
'I typically think anyone promising quick riches or guaranteed stellar returns should be ignored' 'Sensible money management tends to be more boring, so keep your money influencers on the dull side' 'There are some fantastic people giving really helpful information on social media – as well as some total muppets'
