Investors Study Highlights What’s Most Important for Younger Generations
Investors are looking for trendy and fun opportunities with many of them moving money into penny stocks, REITS, and other options when compared with insurance products.
If you’re new to investing or looking to set up your own financial future graduating from college/graduate school or navigating the early phases of your career, you’re not alone.
A study completed by FINRA recently found that younger investors were more likely to purchase on margin, look to social media for guidance with their investment decisions, trade on mobile apps, and make riskier investments. Of those people who recently opened an investment account, the majority of them have less than two years of overall investment experience.