Millennial investors unsure how to protect against losses
By
Tom Higgins
23
rd April 2021
8:11 am
Young investors routinely opt for high-risk assets, but a large majority are unsure how to adapt their strategies to protect against losses in the current financial climate.
The newly published research from Charles Schwab UK found that Millennial & Gen Z investors are more likely to hold cryptocurrencies (51%) than equities (25%) and see speculative assets as a good investment.
Charles Schwab UK managing director Richard Flynn said: “Digital platforms and the sheer volume of financial information available today has made it much easier for young investors to trade and cryptocurrencies seem to be the flavour of the month.”