06.18.24
Gen Z Investors Shun 60-40 Portfolio
by: Reid Joseph Champlin
Some 94% of Gen Z and Millennial investors are interested in collecting items, according to a new survey of wealthy Americans by Bank of America Corp. The results illustrate the deepening generational gap between Gen Z and Millennial investors and their Baby Boomer counterparts, according to the survey. With nearly three-quarters of wealthy younger Americans saying stocks and bonds alone can’t deliver above-average returns, the future of wealth is increasingly running through more alternative investments.
Read the full article on Bloomberg