This is an audio transcript of the Investment Clinic podcast episode: ‘I’m 29. Should I still be taking stock tips from my dad?’
Claer Barrett
Some investors get their ideas from TikTok. Others might read the Financial Times or the Investors Chronicle. But my 29-year-old guest today has made some bold stock picks inspired by someone closer to home.
Matt
If I’m being honest, it was on the advice of my dad. I’ve been investing for about seven years on and off. My father was a financial adviser, so it probably helped that I had that kind of education quite young.
Claer Barrett
But how have his dad’s stock tips gone on to perform?
Matt
Glencore’s not done so well recently. They’re the one that have lost 30 per cent.
Claer Barrett
Buying shares in individual companies is undoubtedly fun, but it’s also high risk, as my guest today, Matt, has found out to his cost. For DIY…