Squanderlust is a podcast about the emotional side of money. It is hosted by Martha Lawton and recorded with technical sponsorship at Wardour Studios, London.

Episode 40: Interview: Iona Bain on finfluencers, memestocks and roboadvisers

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Show notes

Iona Bain is an award-winning speaker, author, writer and broadcaster – and she’s on a mission to help young people get to grips with personal finance.

Listener offers

Discount code

Her new book is called “Own It! How our generation can invest our way to a better future.” Squanderlust listeners can use code SQUANDERLUST30 to get 30% off at checkout.

Giveaway - closed

We have three copies of Own It! to give away to UK listeners during November 2021.

To enter:

The giveaway closes on 30th November 2021.

Three winners will be chosen at random to receive a copy of Iona’s book each.

Our standard terms and conditions apply.

Congratulations to SaveLikeABear, TazTheStargazer and Marino Del-Gaudio each of whom get a copy of Iona’s book.

The episode

We discussed:

  • The origins of the current trend for investing amongst young people;

  • The impact of influencers on young people’s investment choices (positive and negative);

  • The influence of US investing culture on young people in the UK;

  • Short termism and online investing culture;

  • The importance of good information delivered in an approachable and relatable way for young people;

  • The types of online investment platforms: roboadvisers, traditional platforms and share trading apps;

  • The impact of share trading apps, gamification and investing as a hobby;

  • GameStop and the wallstreetbets community on Reddit (NSFW and not for the faint-hearted);

  • Self-certification and access to very high risk investments on trading apps;

  • The regulatory balance of access versus and consumer protection;

  • Investing as rebellion;

  • How young people can invest in ways that are likely to reduce risk and bring long term gains;

  • Active vs passive investing;

  • Exchange Traded Funds (ETFs);

You can read Iona’s blog Young Money and follow Iona on Twitter, Instagram and TikTok.

Get a copy of Iona’s book, Own It!, at a 30% discount by clicking the button below and using our offer code.

Code: SQUANDERLUST30

Alternatively, you can support the show by buying a copy of this and books by other authors we’ve interviewed at our Bookshop.org store.

Episode 41: Interview: Will Rainey tells us how to teach children about money

Episode 39: Interview: Chris Murphy's gambling addiction recovery