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Stock impact report

Gen Z outpaces older generations with earlier jump into investing: Report [FOX Business Network]

Robinhood Markets, Inc. - Class A (HOOD) 
A growing number of Gen Z adults are stepping into the world of investing earlier than the generations before them, with nearly one-third building portfolios at college age, compared to just 15% of millennials, 9% of Gen Xers and 6% of baby boomers who did the same. According to a new report by the World Economic Forum, the digital-savvy generation is reshaping the landscape of personal finance even before reaching full adulthood. "By the time they enter the workforce, 86% of Gen Z have learned about personal investing versus 47% of Boomers, underscoring a generational transformation in financial habits," the findings read. But younger Americans are flipping the script on investing in other ways – with zoomers and millennials expressing a willingness to accept artificial intelligence-enabled financial advice. The data, gathered in tandem with Robinhood Markets and Boston Consulting Group, showed a stark comparison between zoomers and their baby boomer grandparents – with 41% Show less Read more
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