A recent Bank of America survey revealed that 85% of young adults with extra income have adapted their investment strategies due to the economic challenges in the past year. How do millennials’ and Gen Z’s investment strategies differ?
Bank of America President of Preferred Banking Aron Levine notes a “get rich quick” approach by Gen Z opposed to long-term, retirement focused decisions made by millennials. The survey was carried out on young professionals who have between $50 thousand to $1 million in investable assets, who according to Levine have “good earning power.”
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I’m a gen x’r and I’m investing aggressively on individual stocks, mostly with the magnificent 7. Is it a good idea? Not sure, but I’ve been doing very well the past year. I will probably pull back and invest more into ETFs next year. What a ride it’s been so far!
not bad but when they say “aggressively” I think it means by taking more risk , the M7 aren’t that
@@dejabu24 hmm, well I did invest some of my funds in crypto too. Just some money that I could afford to lose. I forgot to mention that. 😆
@@dejabu24 agreed, considering M7’s P/E are even below Costco now, I’d say they’ve chilled into fair value category.
I make 5 to 10% of all my. It’s meant if you’re a date you’re making a 100% a day. It’s not sustainable. I tried it for 1 year and I literally crashed out twice. But we’ve probably made around 40 zillion dollars. Quadrillion on the cube and four, but it’s prius zillion dollars to be totally honest. So if you’re not making like a million trades, you’re probably not pumping out. 6 figures on a 100 million dollars. You’re not doing well so if you’re not competing with soft anger, the big magnificent seven you’re you’re, you’re your people you’re a waste of f and time
$MYRO on Solana! Ecomi $OMI ⭕ the future of collectibles… Saving the planet from junk plastic and carbon footprint from resource to logistics etc…
We don’t $ to invest
I’ve been eye balling an energy stocks and Kroger for a while now, I own no energy in my portfolio and I feel it’d be a great idea to have that addition to my portfolio. I have $350k on the line to fuel this, what are your thoughts?
I find it more productive and safe to buy growth/blue-chip stocks rather than energy stocks. However, It’s advisable to work with a fiduciary advisor for well-diversified portfolios instead of relying solely on speculations.
Its unclear which stocks and sectors will lead the market in the next uptrend. Stay away from rebalancing if you do not have guidance from a plannner and investment advisor. My finances have been in order since I got a wealth planner like Monica working with/for me. This approach has helped me stay financially secure for over nine years, yielding nearly $1m ROI
@@Busbybae If you’re willing to share, how can one get in touch with this Financial planner? My portfolio hasn’t performed well this year, and I’m seeking guidance
I don’t comfortably throw recommendations around, but I’ve been working with “Monica Selena Park”. God, she’s brilliant! You should do your due diligence online cos I’m sure there are others who are good, Just that it gets overwhelming finding who’s suitable
excellent share. just looked her up on my iPad thankfully her page came up after scrolling a bit and i was able to schedule a free session with her, she seems first rate
The government currently lacks concrete strategies to address inflation. Inflationary pressures are impacting various sectors, including stocks, housing, and commodities, causing their prices to rise. It is not advisable to keep your money idle and wait for a market crash. Instead, it is prudent to put your money to work by starting with cautious investments and gradually increasing your pace as prices decline further. Withdrawing a significant amount of money, exceeding $500K, from my account at this time presents a challenging decision.
Nevertheless, there are certain investors who are still managing to generate substantial returns despite the unfavorable market conditions. Achieving similar results requires skill and expertise.
As the market continues to experience a downward trend, I have been diligently researching various strategies. Surprisingly, it appears that there are equal opportunities to achieve substantial gains in both bullish and bearish market conditions. I have come across stories of individuals who have managed to earn as much as $300k during this market downturn, and I am eager to uncover the tactics and approaches they employed to achieve such impressive results.
Certainly, fiduciary advisors hold unique access to confidential information and data sources unavailable to the broader public. With the support of my trusted fiduciary advisor, Margaret Johnson Arndt, I managed to generate around $560,000 in net profits throughout the third and fourth quarters of 2022. These promising outcomes fuel my anticipation for further expansion and success in the times ahead.
Interesting, If you don’t mind me asking cause truly i’m curious, Who is this person? and Is she really worth recommending?
If you are seeking to diversify your portfolio, it is crucial to consult with an advisor. In my case, I have been working with’Margaret Johnson Arndt , who can be easily found online and possesses extensive expertise in the financial markets. Engaging with a knowledgeable advisor like her can greatly enhance your understanding and decision-making in the world of investments.
Stocks extended their year-to-date rally following the CPI report, with the S&P 500 last up 0.8% in afternoon trading. but I don’t know if stocks will quickly rebound, continue to pull back or move sideways for a few weeks, or if conditions will rapidly deteriorate.I am under pressure to grow my reserve of $250k
I agree, having a brokerage advisor for investing is genius! Amidst the financial crisis in 2008, I was really having investing nightmare prior touching base with a advisor. In a nutshell, i’ve accrued over $2m with the help of my advisor from an initial $350k investment.
@@Jadechurch-ql3do impressive gains! how can I get your advisor please, if you dont mind me asking? I could really use a help as of now
I just googled her and I’m really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.