Millennials Make Their Mark, Highlighting a Big Shift in the Investing Landscape According to New Broadridge Study
Widest data study ever of the retail investment marketplace delivers unprecedented evidence-based insights into investors purchase of U.S. equities, mutual funds and ETFs
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NEW YORK, April 14, 2021 /PRNewswire/ A much broader range of Americans are investing and engaging in U.S. financial markets, with Millennials, as well as households with the smallest amount to invest, growing in influence from year-end 2017 through June 30, 2020, according to a new quantitative study released by Broadridge Financial Solutions, Inc. (NYSE: BR), a global Fintech leader.
Financial impact of double-digit electricity increases georgeherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from georgeherald.com Daily Mail and Mail on Sunday newspapers.
The Financial Impact Of Double-Digit Electricity Increases On Entry And Middle-Income Households 31 mins ago 2 min read
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In the wake of the 15% increase in electricity tariffs for 2021/22, many households will have to review their already stretched budgets to keep the lights on. According to FNB insights, electricity spend is one of the largest spend categories for entry to middle income customers. As a result, these customers need to review their monthly budgets to accommodate the increase and overall cost of living.
FNB data shows that the average electricity spend by a customer who holds its Entry Market bank account (Easy accountholder) increased by 9% (on average) between 2019 and 2020. The average monthly electricity spend by a Middle Market (Gold accountholder) customer increased by 15% while a Mass Affluent (Premier accountholder) customer spe
Spectrem Study: Household Wealth Hit Record Levels In 2020
EIN Presswire
Wealthy Americans made strong financial gains after the pandemic market crash in 2020.
The number of wealthy American households reached a new record high in 2020 according to Spectrem Group’s newly released Market Insights Report 2021.
The study reveals that U.S. Millionaire investors - households with $1 million to $5 million in net worth, not including the value of their primary residence (NIPR) – increased by 600,000 to 11.6 million in 2020, a 5.5 percent increase over the previous year.
Similar increases were reported across other wealth segments profiled in the report, which analyzes changes in the number of wealthy American households based on net worth, from the Mass Affluent ($100,000 as the minimum) to the $25 million-plus segment. Other key findings include: