Gen Z is investing earlier but still feeling financially behind. According to a survey conducted by U.S. Bank, Gen Z is investing at an earlier age than previous generations—around 19-years-old compared to 32 for Boomers. However, 62% of Gen Z said they struggle to make financial progress, and 56% said they did everything “right” but aren’t where they hoped to be financially. Because of this setback feeling, the study reports 62% of Gen Z and 61% of Millennials believe the stock market is a more realistic path to wealth than owning a home, compared to 45% of Boomers. And many among these gens are diversifying their portfolios: nearly half of Gen Z say newer investment options such as cryptocurrency are more appealing than traditional investments. One third are either curious about or would consider using prediction markets as part of their wealth-building strategy, though the majority still believe traditional investing gives the best return long-term. (U.S. Bank)
👀 Read more from YPulse: Gen Z Is Investing In Crypto As Much As Stocks
