Money Clinic Podcast: Understand the market collapse
Money Clinic Podcast: Understand the market collapse
If you started investing under Lockdown, the past few weeks have been a real test for your courage.
The global stock markets have suffered their greatest weekly decline since pandemic began, and cryptocurrencies have crashed. Since younger investors have difficulty catching the losses, they also have to cope with the increasing cost of living.
This week, moderator Claer Barrett speaks to Ashley, a 28-year-old investor who has lost thousands, how he tries to concentrate in the long term and survive the financial storm.
In addition, two of the FT's top investment heads decipher exactly what happened on the world markets and where things could go from here.
Katie Martin, market editor of the FT, and Robert Armstrong, US finance commentator of the FT and the author of the Unhedged newsletter, have many ideas about which new investors can think about if they formulate their next step.
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Source: Financial Times