According to new research from digital investment platform Charles Stanley Direct, the UK’s DIY investors – self directed investors who actively manage their own portfolios – are trading relaxing time by the pool for stock picking.
When asked about their holiday habits:
- One in six DIY investors (16%) have traded at the poolside on holiday – rising to 20% of men compared to 11% of women
- 18% have managed their portfolio on holiday days out with the family – rising to 24% of Gen Zs
- 13% have managed their portfolio at the airport
- And the same number (13%) have spoken with their financial advisor while on holiday
- More than a quarter (27%) have ensured the accommodation they stayed at had internet specifically to allow them to manage my portfolio
Some do disengage:
- More than one in five DIY investors (22%) disengage from market news for the length of their holiday
- and 21% put a pause on managing their portfolio for the duration of their trip
Commenting on the findings, Rob Morgan, Chief Investment Analyst at Charles Stanley Direct, said: “Britain’s DIY investors are switching armchairs for deckchairs, and taking their portfolios to the pool. These sun tan traders must be applauded for their commitment – but there is also merit to switching off, especially if investors are in it for the long-run. There’s no need to literally float on the stock market – unless the financial world shakes, swapping portfolio tracking for a piña colada won’t do you any harm. Just remember – all financial decisions should be made sober!”
Main image: christian-buehner-J3pLjxl5Z2M-unsplash
