Millennials may be notoriously risk-averse and financially insecure, but are finding their own way of getting into the stock market. Microinvesting (investing in “low-maintenance, index fund-based allocation strategies with small, frequent contributions”) has been a fairly safe strategy many young investors are trying out, that could lead to valuable return in short span of time. Startups like Stash, Betterment, and Acorns have created apps to help young consumers to microinvest, with the latter letting users invest spare change from rounded up purchases into ETFs. (Investment U)
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