Millennials and Gen Z are collectively beginning to throw their financial weight around Wall Street. As they do, many analysts are noting how the market will be impacted for decades to come, with companies like Tesla experiencing high volumes of support from these age groups.

Younger generations are favoring stocks with high-risk, high-reward factors, according to Investor’s Business Daily, with Tesla being a top pick across the Millennial and Gen Z generations.

Millennials and Gen Z are also set to inherit almost $70 trillion from boomers in the coming decades. They're also more focused on investing their money into environmentally and socially conscious companies than previous generations.

A recent study showed the stark contrast between emissions produced by gas cars and E.V.s across the supply chain. As the burgeoning electric vehicle industry continues to grow, so too do the investments of young people.

Forbes reports that broker Charles Schwab recorded 4 million new clients in 2021, with over half of them under 40. Investing app Robinhood has more than 15 million clients today, and the median age for the app's userbase is just 31.

Despite investor concerns about high-risk, high-reward stocks and their volatility, as well as the accessibility of mobile investing, a study from the National Bureau of Economic Research lent some insight into how app investors handled the market during a March 2020 crash.

The study found that "investors on Robinhood did not panic during the market meltdown and acted as a market-stabilizing force."

Source: Re-posted and Summarized from Peter McGuthrie at EVANNEX.

My Take: I have said it before. Tesla will be the biggest and most profitable company of all time.

Re Posted From: Young Investors Betting Big On Tesla

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Millennials and Gen Z are collectively beginning to throw their financial weight around Wall Street. As they do, many analysts are noting how the market will be impacted for decades to come, with companies like Tesla experiencing high volumes of support from these age groups.

Younger generations are favoring stocks with high-risk, high-reward factors, according to Investor’s Business Daily, with Tesla being a top pick across the Millennial and Gen Z generations.

Millennials and Gen Z are also set to inherit almost $70 trillion from boomers in the coming decades. They're also more focused on investing their money into environmentally and socially conscious companies than previous generations.

A recent study showed the stark contrast between emissions produced by gas cars and E.V.s across the supply chain. As the burgeoning electric vehicle industry continues to grow, so too do the investments of young people.

Forbes reports that broker Charles Schwab recorded 4 million new clients in 2021, with over half of them under 40. Investing app Robinhood has more than 15 million clients today, and the median age for the app's userbase is just 31.

Despite investor concerns about high-risk, high-reward stocks and their volatility, as well as the accessibility of mobile investing, a study from the National Bureau of Economic Research lent some insight into how app investors handled the market during a March 2020 crash.

The study found that "investors on Robinhood did not panic during the market meltdown and acted as a market-stabilizing force."

Source: Re-posted and Summarized from Peter McGuthrie at EVANNEX.

My Take: I have said it before. Tesla will be the biggest and most profitable company of all time.

Re Posted From: Young Investors Betting Big On Tesla

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