Money Box Money Box Live: Investing
Jun 28, 2023
The podcast discusses the risks of young people seeking investing advice from influencers and scammers targeting people on social media. A cautionary tale is shared by a victim who lost £10,500 to fraudsters. The chapter also covers reporting and recovering from investment scams, the importance of taking a long-term view in investing, and steps to take before starting to invest.
Chapters
Transcript
Episode notes
1 2 3 4 5 6
Introduction
00:00 • 2min
Investment Risks and Scammers on Social Media
01:46 • 4min
Scammed and Helpless: Losing £10,500 to Fraudsters
06:14 • 15min
Investment Scams: Reporting and Recovery
21:32 • 3min
The Importance of Taking the Long View in Investing
24:47 • 5min
Preparing to Invest: Emergency Cash Fund and Paying off Debt
29:19 • 3min