Survey Of Retail Investors Shows The Blind Lead The Blind
In all, 46% have used social media for investing information in the past month. 22% of Gen Z investors say they were younger than 18 when they started investing, versus 8% of millennial investors. Only 36% of young investors plan to use that money for retirement. 35% will make additional investments, while 19% will use the funds to pay for a major purchase. Nearly two-thirds (64%) of investors who are 40 and younger have withdrawn money from their investment accounts to spend. Considerin...
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Source: zerohedge.com