And this new group of retail investors is a force to be reckoned with when you consider that the millennial generation, combined with its younger counterparts Gen Z and post-Gen Z, make up over 50% of the US population, the note said.
"The impact from Millennials is set to go to 'Plaid' mode in the next decade," Lee said in an apparent nod to Tesla's premium Model S vehicle. The main reason why? They're on the verge of inheriting $68 trillion in assets over the next two decades, according to the note. So how will things change for the markets? Lee highlighted the 6 major differences between millennial and baby-boomer investors to try and find an answer.2.
3. Millennials favor trading apps like Robinhood whereas baby-boomers utilize"White shoe investment banks." 4. Millennials are getting their information from Reddit and TikTok where as baby-boomers favor Grant's Interest Observer. 5. Millennials favor thematic investing in long-term disruptive trends whereas baby-boomers fundamental investing."$68 trillion....yup," Lee concluded.
RoArquette Hey, if you’re gonna put us through two wars, two economic busts and still not give us the health care, infrastructure, and stability we need- we’re gonna get ya where it hurts, Boomers.
themoneygame “5. Millennials favor thematic investing in long-term disruptive trends whereas baby-boomers fundamental investing” Lol: GME is classic fundamental investing
I couldn't agree more. As a former hedge fund manager, I can tell the community should be more open to this democratization & digitalisation. This is a chance to change the system, improve behaviors and corporate culture . Read my novel Financewhore on Amazon. wallstreet
Guess it's boomers fault for inventing computers, phones, yadda? Pity the fool. haha!+
Not all Baby Boomers do the things that are listed. Bad assumptions.
Applause Applause to the Millennials
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95% only bad news(
Looking for those asymmetrical gains