How GenZ and Millennials invest amid inflation and high interest rates
- Update Date:
- Post Date:
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.” #stockmarket #investing #youtube About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, […]