FCA finds two-thirds of young investors take less than 24 hours to make investment decisions

News Financial services Reports

Date: 18th Dec, 2024 Source: Financial Conduct Authority Country: United Kingdom Original Source

Brief

"On 18/12/2024, the Financial Conduct Authority issued an update regarding FCA finds two-thirds of young investors take less than 24 hours to make investment decisions. The research found that £550 is the average spend on hyped investment products and nearly half (46%) of young investors regretted purchasing these products, highlighting the need for a more considered approach to investing."

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Financial Conduct Authority

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FCA finds two-thirds of young investors take less than 24 hours to make investment decisions

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FCA finds two-thirds of young investors take less than 24 hours to make investment decisions

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