TikTok Investors give financial advice, the industry reacts

by | Jan 18, 2021

Share this article

@peter_IFAMAG reads Twitter so you don’t have to.

Retail investing exploded in 2020, but along with that has come the proliferation of shoddy advice. Today one video has done the rounds on Twitter wherein a couple share financial advice over TikTok. The video itself might well be parody as the financial insight is absurd. Elsewhere on Twitter Goldman Sachs say managed volatility funds are a contributing factor to an overall increase in volatility itself.

First, Tracey Alloway shares what many suspected, namely China was the only major economy that avoided a contraction in GDP last year.


Josephine Cumbo shares research investigating how furlough affected the UK’s retirement plans.


Simon Vans-Colina, and early stage Monzo employee, shares a directory of Monzo Alumni.


Hannah Forbes, founder of the funding crowd, shares sector trends in crowdfunding.


Robin Wigglesworth shares Goldman Sachs research into managed volatility funds.


And finally, TikTok Investors is a Twitter page highlighting TikTok accounts often sharing financial advice. This particularly egregious video was picked up by Martin Bamford and has been shared widely by IFAs and financial pundits.

What are your thoughts on these tweets?


Tweet your responses to @peter_IFAMAG




Share this article

Related articles

IFAM 126 | Taxing Times | March 2024

IFAM 126 | Taxing Times | March 2024

For many advisers and their teams, March mainly means one thing – the rush for the line as the end of the tax year comes into view. As the silly season kicks in, advisers and their teams are at their very busiest ensuring that clients’ allowances are properly utilised...

Sign up to the IFA Magazine Newsletter

Trending articles

IFA Talk logo

IFA Talk is our flagship podcast, that fits perfectly into your busy life, bringing the latest insight, analysis, news and interviews to you, wherever you are.

IFA Talk Podcast - listen to the latest episode