Do not take investment advice from Love Island
🔸 Plus: Stocks hit record highs 🔸 You cannot just "buy" an Hermes bag 🔸 Ray Dalio thinks the US might end up in civil war 🔸
Your 2-minute guide to demystifying money and making you richer
The markets, year-to-date
S&P 500: 5,297.10 ⬆️ 11.69%
FTSE 100: 8,424.75 ⬆️ 9.11%
Bitcoin: $66,143.00 ⬆️ 49.63%
GBP to USD: 1.2664 ⬇️ 0.50%
GBP to EUR: €1.1658 ⬆️ 1.10%
No, you absolutely should not take investment advice from the stars of Love Island!
It’s a sentence I never thought I’d have to type but here it is:
Do not take advice on the trading of risky currency derivatives from the stars of Love Island, The Only Way Is Essex, or Geordie Shore.
In frankly astonishing news, the Financial Conduct Authority has charged seven reality TV stars and two other alleged grifters with promoting “contracts for difference” (CFD) currency derivative bets to their 4.5 million followers on Instagram.
The accused stars are: TOWIE’s Lauren Goodger and Yazmin Oukhellou; Love Island's Jamie Clayton, Rebecca Gormley, Biggs Chris, and Eva Zapico; and Geordie Shore's Scott Timlin.
They will appear i…