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Social Media May Inflate Investor Confidence, New Research Suggests

Original: Social Media May Make Investors Feel More Confident Than They Should Be | Newswise

A new research summary argues that social media may lead investors to feel more confident about their financial decisions than they should. The suggestion is that exposure to online commentary, success stories and peer opinions can create a false sense of knowledge or reassurance, potentially encouraging riskier investment behaviour without a genuine underlying basis.

Why now: New research coverage linking social media use to overconfidence among investors has drawn attention amid ongoing debate about online financial advice.

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