Reported 16 days ago
A recent FTSE Russell US Wealth survey reveals that millennials are increasingly favoring index funds over other investment options compared to older generations. The survey highlights that 30% of millennials view index funds as a crucial starting point for achieving long-term financial goals, driven by factors like lower fees, portfolio diversification, and a strong interest in values-based investing. Experts suggest that millennials are planning to increase their exposure to these funds more than Gen X and baby boomers.
Source: YAHOO