Over 40% of Gen Z are investing because they're driven by FOMO, survey finds
Gen Z is getting started young with investing and many are driven to do so by FOMO or a fear of missing out, aby the CFA Institute and the Financial Industry Regulatory Authority Investor Education Foundation found.
The results showed that over 40% of Gen Z investors in the US, Canada, and UK cited the fear of missing out as a major influence in their decision to start investing. That climbs to 60% of Gen Z in China who started investing because of FOMO. A quarter of Gen Z in the US even started investing before the age of 18 with just over 20% in the UK and Canada doing the same. Only 7% of Gen Z in China started investing before they were 18 years old.
The tech-obsessed generation is becoming financially educated through social media and the internet, with 48% learning about investing and financial topics through social media, 47% by searching on the internet, and 45% from parents and family.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Flatiron Wildfire: 40 homes saved as flames spread through 'explosive' part of Pine BarrensAnother major wildfire is raging through a forest in New Jersey, threatening nearby homes and prompting a large response from local emergency crews Saturday morning.
Baca lebih lajut »
24 Celebrity Women Over 40 Who Turn Heads With Their Swimsuit PhotosThese celebrity women that are 40 and over know how to turn heads!
Baca lebih lajut »
Flatiron Wildfire: Fire officials announce 100 percent containment as 40 homes sparedOfficials announced Saturday evening the Flatiron Wildfire was 100 percent contained, of a 210 acre blaze in the Pinelands Forest near Elderberry Drive and Jackson Road in Medford.
Baca lebih lajut »
Chicago shootings: At least 40 shot, 8 fatally, in weekend gun violence across city, police sayAt least 40 people have been shot, eight fatally, in Chicago shootings so far this weekend, police said.
Baca lebih lajut »
Man, 40, shot to death on South Side porch: policeA man was found shot to death on a porch in Chicago's Chatham neighborhood Saturday night.
Baca lebih lajut »
NBA Finals: Nuggets are now 0-3 in playoffs when Nikola Jokić scores 40-plus pointsFor the third time this postseason, Nikola Jokić broke the 40-point barrier.
Baca lebih lajut »