If 212 has out of hours trading by then 
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Best idea on this board to date. perhaps olā Trevor Milton will be one of the drunk ones putting money on it with us.
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I bet on this and also that they may have live during weekend 
not sure if he has any left 
He spent all his money on his latest ranch,
Love the life of Brian
āWorse, how could it be worse?ā
My partner doesnāt really enjoy the whole āinvesting thingā, so I help her out. Unlikely to ever see her on the community forum.
Pretty sure sheās all in on IITU right now, but Iāll be pointing her towards a broader view of the market when I get my hands on her account later this month.
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78 votes out of 99 are of people aged 40 or under.
I wonder what the result of the investing approach would be if there was no āmixture of the aboveā approach. I guess most people have a mixture of stocks/approachesā¦ but they will also have a significant tilt or skew towards one definite approach.
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True, I wanted to edit it after to add mixture but no CFD but it didnāt allow me to
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Iām over 40 and use the platform for CFDs I didnāt realise I was so so unusual.
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Oh dear,
Iām over 40 too. I think maybe iāve stared all this investing too late in my life!
Do you think most people over 40 and are investing seriously will use a more traditional broker?
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Most people over 40 probably got locked into a broker long ago and are too lazy to explore new entries. Depending on career and life experience they are probably less comfortable than those younger with the idea of an app based investment platform.
I read something today saying the median age of Robinhood clients is 31.
It is never too late to start investing. Increasing lifespans mean that even those who are 65 ought not to think of themselves as yet being 100% in the deaccumulation phase of life.
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Iām 31 myself so right at the median age of Robinhood.
Anecdotal but my retired parents told me recently they got a yearly statement from their broker and their investments of a good few thousand were down 400 euro overall. Theyāre fairly tech savvy so I asked would they consider an app like Trading212 or even Revolut and they said theyād be afraid theyād do something wrong. I think there will always be a bit of reluctancy from those who have used the traditional approach for so long.
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They were all taught that investing is hard and should be left to professionals, my parents are the same but Iāve got them on Trading 212 but theyāre not committed
Thatās exactly it. My parents said they mostly invested in insurance companies. Iāve absolutely no idea why and didnāt even ask but Iām sure it was some broker over the phone or in an office 20 years ago selling them the next big thing. Either way, minus 400 euro in a year is rubbish!
Iāll likely convince them to get set up on Revolut as all my siblings use that. They can manage some of their own shares there (3 free trades per month) and test the waters.
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I agree. I know for example a couple of retail investors over the age of 60 that would not even consider such a system. They would rather play it safe and stick to buying shares through a bank such as Barclays or HSBC even if they have to pay large-ish fees.
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It might be easier if you show them the Trading212 web version instead of the app.
Also, if they are afraid of doing something wrong them probably the best thing is to invest in a market ETF such as an ETF for the FTSE 100 or the S&P 500. Itās much less work and less risk also.
Iāve heard. āIām frightened I would press the wrong buttonā. āSomeone might steal my moneyā. Not sure how to overcome those fears. I think there will always be people who will need or want someone else to do their investing for them.
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I would agree with an ETF for risk management yes. Although I must say I do find the phone app to be easier than the web app, even for myself! I primarily use it for this reason.
As @Richard.W said though, some people may want a bit of hand holding though.
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