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Over 70% of Gen Z investors hold a third of their portfolio in crypto — and only 13% of day traders make money
['Kit Pulliam', 'July', 'Min Read']
Yahoo Finance
Some Gen Z investors have given up on building wealth the old-fashioned way.
Over 70% of Gen Z investors have crypto take up more than a third of their portfolio, according to the World Economic Forum.
Why are Gen Z investors so interested in high-risk, high-payoff investments?
Some Gen Z investors see traditional wealth building as too slow — they're gambling on 'much higher returns' from volatile betsThe U.S. is headed toward an increasingly K-shaped economy.
This has left some Gen Z investors feeling like traditional methods of building wealth won't let them meet their financial goals.