Many teens are reluctant to invest in the stock market after the GameStop frenzy, survey finds

CNBC2021-09-07

KEY POINTS Only half of teenagers believe the stock market is “a good thing” for everyday Americans, according to a Junior Achievement survey. And 37% of teens wouldn’t invest if given money to ...

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精彩评论

6785a5bb
2021-09-07
6785a5bb
😊
- 6785a5bb:
  ☺️
CL777
2021-09-07
CL777
Gambling is addictive
- Sheryl85:
  haha
Alfred1007
2021-09-07
Alfred1007
Interesting...I thought with the convenience provided by mobile trading platform like Tiger amd Robinhood will make them start to invest, or rather trade at younger age.
SSVC
2021-09-07
SSVC
Ya Appreciate your response and comments Thanks
- 1PerCentClub:
  Done
Miguho
2021-09-07
Miguho
Please like
Oyh
2021-09-07
Oyh
Ok
- Oyh:
  Ok

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Only half of teens believe the stock market is “a good thing” for everyday Americans, responses show.\nMoreover, 37% of teens wouldn’t invest if given money to participate in the stock market, according to the survey.\n“A percentage of teens have been basically sidelined because of this,” said Ed Grocholski, senior vice president of brand for Junior Achievement USA.\n“It’s understandable why they would be hesitant to put money into the stock market,” said certified financial planner Leona Edwards, wealth advisor at Mariner Wealth Advisors in Nashville. “But it could put a serious dent in how much they are able to save in the future.”\nTheir reluctance to invest may affect putting money into their first workplace 401(k) plan, Grocholski said.\n“We all know that if you’re going to invest for retirement, you need to start early,” he said. “What we’re seeing here for a good portion of teens is that’s not going to be the case.”\nAlthough the survey showed teens’ hesitancy about the stock market, there were also signs of interest.\nIf given the funds to participate, most teens would choose to invest, with 43% preferring the stock market, 25% opting for cryptocurrency and 24% sinking money into real estate.\n\n“A lot of these teens are already thinking about different ways to invest other than the stock market,” Edwards said. “And diversifying is a really good thing.”\nThe survey also revealed where teens learn about the stock market, with 43% relying on social media. Other young investors turned to parents (35%), websites (30%) and schools (29%).\n“We all know that [social media] is not an unbiased source of information,” Grocholski said. “So what they got exposed to was the worst-case and best-case scenarios.”\nThese findings align with the responses to a new CNBC/Momentive Invest in You survey. Some 35% of 18-to-34-year-olds turn to social media to research investment ideas, according to the report.\n“I’m not against it because there are a lot of knowledgeable people on social media,” Edwards said. “But investors need to do their research and figure out if the people they’re getting advice from are worthy of their consideration.”\nThis survey polled 1,004 13- to 17-year-olds through market research firm Engine Insights from July 15 to 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is addictive&nbsp;","listText":"Gambling is addictive&nbsp;","text":"Gambling is 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thought with the convenience provided by mobile trading&nbsp;platform like Tiger amd Robinhood will make them start to invest, or rather trade at younger age.","listText":"Interesting...I thought with the convenience provided by mobile trading&nbsp;platform like Tiger amd Robinhood will make them start to invest, or rather trade at younger age.","text":"Interesting...I thought with the convenience provided by mobile trading platform like Tiger amd Robinhood will make them start to invest, or rather trade at younger age.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/817567966","repostId":1148981857,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":817501015,"gmtCreate":1630972970537,"gmtModify":1632904904103,"author":{"id":"3574906731000207","authorId":"3574906731000207","name":"SSVC","avatar":"https://static.tigerbbs.com/545a5ea462ff4ac7cc100bd3d8d97f72","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Ya Appreciate your response and comments Thanks&nbsp;","listText":"Ya Appreciate your response and comments Thanks&nbsp;","text":"Ya Appreciate your response and comments Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/817501015","repostId":1148981857,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5775870,"gmtCreate":1630979385101,"gmtModify":1635129012919,"authorId":3574026189533561,"author":{"id":3574026189533561,"authorId":3574026189533561,"name":"1PerCentClub","avatar":"https://static.tigerbbs.com/137535c7b4b589ca0f194fe3094266bf","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":817501015,"type":1,"supId":0,"prevId":0,"content":"Done","text":"Done","html":"Done"}],"langContent":"EN"},{"id":817276887,"gmtCreate":1630972637749,"gmtModify":1631891122983,"author":{"id":"3582204952231455","authorId":"3582204952231455","name":"Miguho","avatar":"https://static.tigerbbs.com/1708e4937f87a14a9852d40bac0b0ce4","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Please 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