Should advisers, then, warn their clients off from dabbling in day trading? Maybe not. Dabbling small sums on the latest stock du jour is, arguably, not going to do a huge amount of damage to a client’s long-term financial plan.
And is it not better to experiment with a few quid and find out it might just be worth taking that long-term view your IFA is always talking about?
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Holly Black is senior editor, Emea, at Morningstar
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