A Tech Crash Could Wipe Out Rookie Investors

Editor's Views: New investors may be in for a shock if the tech boom turns to bust, the pros and cons of stock splits and why you should keep your eyes open on staycation

Holly Black 28 August, 2020 | 10:37AM

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This week we heard from an investor whose share portfolio has made him more money than he’s earned from his job over the past four years. If this guy is as talented as he seems at picking shares, maybe he should consider a change in career.

Seriously though, this is admirable stuff and really the ideal start for any investor. Because while Damian has had a few slip-ups along the way, he’s achieved performance that most fund managers can only dream of. I hope his run of success means that should he ever go through a bad patch, he has the confidence to stick it out and keep going.

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The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

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About Author

Holly Black  is Senior Editor, Morningstar.co.uk

 

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