Many teens are reluctant to invest in the stock market after the GameStop frenzy, survey finds

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Some teens may be hesitant about investing in the stock market after the GameStop trading frenzy, according to a survey. Here's why that may be a problem.

"A percentage of teens have been basically sidelined because of this," said Ed Grocholski, senior vice president of brand for Junior Achievement USA.

Their reluctance to invest may affect putting money into their first workplace 401 plan, Grocholski said. Although the survey showed teens' hesitancy about the stock market, there were also signs of interest. "A lot of these teens are already thinking about different ways to invest other than the stock market," Edwards said. "And diversifying is a really good thing."

 

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Why are teens investing in anything?

😂😂 they realize it's rigged maybe? The hf own the clearing house the pools the shorts and manipulate the price and retail is left holding the bag? Corruption thieves and no consumer protection? I'd be reluctant too

They are already invested in GME and AMC

Wonder if this has something to do with the blatant corruption of market makers, hedge funds, clearing houses, etc. being exposed, in detail, in places other than CNBC (who would never). 🤔

Wow you mean to tell me that instead of creating a market of legit and fundamental traders, the federalreserve has created a literal casino and future generations do not want to participate in a winner take all ponzi? Yea who could've seen this coming.

Agree go straight to crypto

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