GEN Z LOWDOWN

Gen Z and Millennials really are trading more in the Covid era

For those imagining the commonplace 2020 day-trader as a young adult equipped with a smartphone and some cash, those suspicions may be right.

For those imagining the commonplace 2020 day-trader as a young adult equipped with a smartphone and some cash, those suspicions may be right.

A study shows the under-34 crowd has increased its trading during the pandemic at a rate far higher than that of the broader population.
More than half of Gen Z and Millennial investors said they’ve been trading more often since the Covid-19 pandemic began, compared with just a 30% increase for the general population
According to the E*Trade survey, 51% of Gen Z and Millennial respondents said their risk tolerance has increased since the coronavirus outbreak — compared to 28% for the total population.