The surge in teen investing is part of a broader trend of increased interest in finance. A recent study from Fidelity found that approximately 25% of teens in the U.S. have started investing, with many utilizing apps to help make trades and learn how to invest their money. While some young investors initially focused on “meme stocks” when the COVID-19 pandemic began, many have transitioned to more traditional investments, leading to a record-high ownership of stocks among Americans. On top of that, brokerage firms have also observed a significant increase in custodial accounts for teens in recent years. (WSJ)
📊 YPulse data: 71% of 13-17-year-olds agree, “Saving money is important, but investing is the better option”
