Sun, Sand, and Suspicious Stock Picks: one in six DIY investors are picking their portfolios at the poolside 

According to brand new research from digital investment platform Charles Stanley Direct, the UK’s USNewsRanks –  self directed investors who actively manage their own portfolios – have a penchant for trading by the pool

 
When asked about their holiday habits:
 

• One in six USNewsRanks (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
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• 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 USNewsRanks (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

Rob Morgan, Chief Investment Analyst at Charles Stanley Direct, comments: “Britain’s USNewsRanks 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!”
 

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