This room is to discuss investing in general: good/bad habits, how to get started, debunking myths, etc. Pretty much anything holding you back from getting started.
Why should you care? In the UK (and abroad) millennials are underinvested. Yes, we’re cash-strapped + would all rather spend what we have on travel or more enriching experiences. But investing is hugely important, today more so than at any point in time. The world of investments is slowing changing inline with the demands of its customers. Socially responsible investing (SRIs) is one of the fastest growing segment in the industry. And this is only the beginning, as more well-informed investors deploy their money into companies focused on making the world a better place, they exert more influence on the management. Today’s norm of greed capitalism has been largely driven by shareholders only concerned by profit (note: this is a gross exaggeration on a very nuanced topic, if anyone wants to debate it further, let’s start a different room). As our generation matures in the workforce, so will our savings. Collectively, this is one of our best option for exerting a macro scale influence towards shifting today’s imbalanced economic paradigm in the right direction.
My experience with investing. I have been investing for 20 years (I started when I was 11 with an awful investment in EuroDisney). Throughout those 20 years, I have blown up 3 times: I took too much risk or got carried away with my opinions. Prior to moving to Technology, I worked in financial services as a Trader in various types of institutions (banks, hedge funds, proprietary companies), and have had exposure to ETFs, bonds, government securities, exotic structure products, options, cryptocurrencies and foreign exchange.