thrillseeking

Thrill-seeking young investors warned over high risk bets

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A new breed of thrill-seeking investors is taking huge financial risks on assets such as bitcoin, according to the City watchdog. In an alarming report, the Financial Conduct Authority (FCA) said trendy investment apps and social media platforms were fuelling speculative bets on the markets. The regulator said this ‘new, younger, more diverse’ group of … Read more

FCA sounds warning to new breed of thrill-seeking investors

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Young people are being drawn to high-risk investing despite almost two thirds admitting they can’t afford a significant loss, the financial watchdog has warned.  The research, conducted by the Financial Conduct Authority, found that a new breed of young investors are attracted by the thrill and novelty of high-risk products rather than investing for the … Read more