Millennial - Future Investing Habits explored

Visual Capitalist recently did this awesome infographic to show what the investment habits of tomorrow's leaders would be, and currently is. 9800 millenials were surveyed across the USA, Canada and Europe and the results were pretty astonishing. Millennials are due to inherit the biggest wealth transfer in history over the next 30 years.

One thing that keeps popping up is the fact that young investors do not have the know how around investing and only 18.3% of the peeps surveyed has some confidence in their own ability to invest. According to a more recent study by Wealth101  there is a growing financial literacy problem in America, however, millennial investors were very clear on what was important to them, and it is low fees. 

Important to note that of the 4022 respondents who pick their own stock. 83% of them use online research to make decisions, 70% of them prefer to talk to a human and only 29% make use of Robo Advise. You can find our own research portal here.

 

millennials-investing-habits-infographic

 

Click to Buy your own stocks right here 

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Until next time! 

Happy investing 

 

Source: Visual Capitalist - www.visualcapitalists.com 

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Any opinions, news, research, reports, analyses, prices, or other information contained within this research is provided by an employee of EasyEquities an authorised FSP (FSP no 22588) as general market commentary and does not constitute investment advice for the purposes of the Financial Advisory and Intermediary Services Act, 2002. First World Trader (Pty) Ltd t/a EasyEquities (“EasyEquities”) does not warrant the correctness, accuracy, timeliness, reliability or completeness of any information (i) contained within this research and (ii) received from third party data providers. You must rely solely upon your own judgment in all aspects of your investment and/or trading decisions and all investments and/or trades are made at your own risk. EasyEquities (including any of their employees) will not accept any liability for any direct or indirect loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from use of or reliance on the market commentary. The content contained within is subject to change at any time without notice.

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