RE: Why?20 Sep 2021 12:44
It's not pointless if they're adding to their holdings with cash they know they can spare. I do this sometimes (paying no fees per trade so it is fine). I am fairly new to investing and building up my portfolio. I don't have the money to risk buying hundreds of thousands of shares all at once but if I save money somewhere I might transfer to my account and add a few more.
Knocking people who don't have as much money as you is a bit lame. It might seem to be inconsequential amounts of money, but if they invest £20 a hundred times over a few months and the price ticks up they'll be beating any current account.