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How To Bridge The Financial Product Knowledge Gap, Drive Business
Sunday, December 1, 2024 - 11:00pm | 410Recent findings from Barnum Financial Group, as reported by Investment News, show a critical insight for financial advisors: 60% of adults would buy more financial products if only they understood them better, with this figure rising to 72% among young millennials. The survey reveals several...
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Millennials Favor Crypto ETFs As Top Investment Asset, Schwab Reports Growing Bullish Sentiment Among ETF Investors
Thursday, October 10, 2024 - 3:00pm | 522A recent Schwab Asset Management study indicates ETF investors' sentiment remains upbeat despite market and political uncertainty. What Happened: The 2024 edition of "ETFs and Beyond," an annual study by Schwab Asset Management, stated that 75% of survey respondents feel confident their portfolios...
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Millennials, Gen Z As Likely To Invest In Cryptocurrency As Real Estate: Survey
Wednesday, April 10, 2024 - 9:07am | 479Millennials and Gen Z are as likely to invest in cryptocurrency as they are in real estate, indicating a significant shift in wealth storage among these younger generations. What Happened: A survey conducted by Policygenius found those two generations to be almost as likely to own cryptocurrency (...
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More Than A Third Of Gen Z, Millennials Lean On Family Support For Home Purchases: 'Many Get Help From Mom And Dad,' Reveals Redfin
Wednesday, March 27, 2024 - 6:55pm | 550The number of young homebuyers leaning on family financial support for down payments has sharply risen, doubling in the past five years, according to a recent report by Redfin. The survey, conducted by Qualtrics on behalf of Redfin, which included around 3,000 U.S. homeowners and renters, revealed...
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Young Americans Embrace 'Buy Now, Pay Later' For Holiday Spending: 5 ETFs To Watch
Monday, December 18, 2023 - 1:27pm | 1040As Americans gear up for the holiday season, the latest Bank of America Winter Spending Survey has unveiled a significant shift in holiday spending trends, particularly among younger Americans. With more than 40% of respondents expressing their intention to tighten their belts this festive season...
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Can Consumer Tailwinds Keep Retail Stocks In The Pink In 2024?
Tuesday, December 5, 2023 - 4:37pm | 628Consumers can expect a net $68 billion tailwind in 2024 from perks such as changes in social security and lower gas prices — a boost to discretionary spending for many that could provide some support for retail stocks. Bank of America‘s $68 billion tailwind estimate includes a $76 billion...
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Millennials View Bitcoin The Way Boomers See Gold: Tom Lee
Thursday, August 24, 2023 - 11:12am | 405Tom Lee, the Head of Research at FS Insight, has shed light on the growing trust in Bitcoin (CRYPTO: BTC) among traditional financial players, emphasizing that the entire financial system is fundamentally "anchored by trust," including currencies, stocks, and even credit...
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This Millennial Investor's Net Worth Reached A Half Million In Less Than 10 Years. Here's How He Did It.
Saturday, May 6, 2023 - 5:23pm | 1594By all accounts, Drew Lee isn’t a typical millennial in his age group. While the average person under the age of 35 has a net worth of $76,000, Lee has a net worth nearly seven times that. In less than 10 years, the 32-year-old Pittsburgh native has increased his net worth to $530,000...
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EXCLUSIVE: Boston's First Black Female Cannabis Shop Owner Has Some Advice For Millennials And The Rest Of Us
Thursday, February 9, 2023 - 9:38am | 587As founder and CEO of The Heritage Club, a mission-driven Boston cannabis dispensary, Nike John is the youngest dispensary owner in Boston and the first Black woman to own a dispensary in a major city on the East coast. At 29 years old, John founded the cannabis dispensary and its...
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The Fastest-Growing Brands In 2022: How Crocs, Apple, Zelle And More Stack Up Across Boomers, Gen Z, Gen X, Millennials
Monday, December 12, 2022 - 7:32pm | 1510A new poll highlighted the fastest-growing brands based on awareness. The poll results were sorted by age demographic, which could help show which brands are bound to be popular in the future. Here’s a look at the results. What Happened: A new poll from Morning Consult showed the...
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83% Of Millionaire Millennials Own Crypto: Survey
Friday, December 17, 2021 - 12:35pm | 334A recent survey revealed a vast majority of millionaire millennials own cryptocurrency and plan to add more to their portfolio in the years to come. What Happened: On Friday, CNBC released its “Millionaire Survey” which disclosed that 83% of millennial millionaires own...
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Betting Bitcoin On NFL Football? You're Not Alone
Sunday, October 24, 2021 - 11:06am | 437Two of the most popular ways for Americans to line their pockets in 2021 have been investing in Bitcoin (CRYPTO: BTC) and gambling on sports. So perhaps it shouldn’t be surprising that a new survey of 1,000 Americans by BetUS found a growing number of gamblers are placing their sports bets in...
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The Biggest Transfer Of Wealth In Human History: Bitcoin Popularity Among Millennials And Gen X
Tuesday, September 14, 2021 - 1:00pm | 750Experts predict the greatest transfer of wealth will occur in the next few years when the baby boomers will transfer over $30 trillion in wealth to their children, the Millennials, and post-millennial generations. Notably, the Millennials have already started making the shift towards the use of...
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Survey: Gen-Z Is Having A Harder Time With Work-Life Balance During Pandemic
Friday, March 5, 2021 - 2:20pm | 508The pandemic has completely transformed the global workplace environment, making remote work the new normal and shifting business communication and resources from offline to online. Professionals of all ages have had to adapt to the new digital workplace, and a new survey by CommercialCafe found...
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Buoyed By Younger Investors, Roundhill Investments Swiftly Ascends To $250M In Assets
Sunday, December 13, 2020 - 2:17pm | 509The ultra-competitive exchange traded funds industry remains dominated by three big players — BlackRock, Vanguard and State Street — but there's still room for smaller, independent issuers to flex their muscles. What Happened: New York-based RoundHill Investments burst onto the ETF...