Reported 12 months ago
Gen Z and Millennial millionaires are shifting away from traditional investments like stocks and bonds, with 72% believing they can no longer achieve above-average returns this way. They allocate only 28% of their portfolios to stocks and are turning to alternative assets such as real estate, cryptocurrencies, and private equity for higher potential gains and stability. These younger investors prioritize investments with tangible benefits and stronger growth opportunities, looking for ways to create wealth beyond the limitations of traditional investment options.
Source: YAHOO