A lot of elderly rely on a good stock market as their 401k is linked.
A lot of young people invested in the market rely on their future 401k.
The economy and the stock market are important to both.
AI:
Approximately 41% to 56% of young adults aged 18"29 invest in the stock market. Among Gen Z (approx. ages 18-25), 45% are currently investing, often starting around age 19. While many are active, others are hesitant, with 37% of teens in one survey stating they would not invest even if given money.
Key Findings on Young Adult Investors:
Participation Rates: Roughly 41% of 18-29 year olds own stocks. Among Gen Z, 56% report holding some form of investment.
Investment Types: Within this group, 41% of investing Gen Z-ers hold individual stocks, while 35% invest in mutual funds.
Preferences: Young investors (18-24) are more likely to invest in individual stocks, with 73% owning them. They also show interest in cryptocurrencies (55% of investing Gen Z) and meme stocks.
Behavior: Investors in their 20s tend to be more conservative than expected, holding 37.5% of their assets in cash.
Timing: Gen Z is starting earlier than previous generations, with an average starting age of 19.
Bitcoin ownership is most prevalent among younger adults, specifically those aged 18 to 49, with the highest concentration of users falling into the 25"44 age range. While Millennials (born 1981"1996) have historically been the dominant demographic, Gen Z (born 1997"2012) is increasingly participating, with some reports showing over half of Gen Z respondents in the U.S. having owned or currently owning cryptocurrency.
Seems everyone has an interest in some version of investment.
