A study of active private investors by Cavendish Asset Management has found that younger investors b...
A study of active private investors by Cavendish Asset Management has found that younger investors believe that they take a low risk approach but rarely monitor their investments, construct small portfolios or directly hold equities, and rely on the advice of their friends. Despite 66% of investors under 30 believing that having a low-risk portfolio is essential, 52%of them make investment decisions based on advice or recommendations from friends, compared with just 24% of investors overall, the survey found.
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