A new generation of investors are trying to make a fast buck by copying social media influencers . Hannah Smith finds out if it is destined to end in tears
Get rich quick !
“ I see a stock going up and I buy it , and I just watch it until it stops going up and then I sell it . I do it over and over and it pays for our whole lifestyle . This month I turned less than $ 1,000 into $ 20,000 ”
ChadandJenny
The 57-second TikTok video that contains this quote has 2.4m views , with amateur investor “ Chad ” clarifying that he achieved half his returns through share trading and the other half through call options . He is just one of thousands of rookie investors using sophisticated instruments to make a quick buck from the stock market while encouraging others to do the same by broadcasting their success on social media . While the democratisation of investing can be a positive force , it also has a dark side . The Reddit-