Millennials Shun Traditional Investments
This is a U.S. news story, published by Yahoo Finance (Canada), that relates primarily to Bank of America Private Bank Study of Wealthy news.
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wealthy millennialsGOBankingRates
•2 Investing Mistakes Wealthy Millennials Are Making in 2024
78% Informative
The 2024 Bank of America Private Bank Study of Wealthy Americans shows a great divide between how younger and older generations view investing.
Of all of the investment choices in the study, the younger generation views stocks as offering one of the worst opportunities for growth.
The U.S. stock market has a long-term average return of about 10% , meaning your money will double every seven years or so .
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