57% of Gen X and Millennials Invest in the Stock Market. Here's Why That Number Should Be Much Higher.
According to new research conducted by The Motley Fool, nearly half of all Gen X and Millennial adults don't own a single share of stock. Baby boomers, meanwhile, own more than half of all U.S. equities, when broken down by generational ownership."It's not surprising that baby boomers hold a large amount of stock," the new research concludes. "They've had plenty of time to build wealth via Wall Street and see their investments grow. Average net worth goes up as Americans age, which often means older Americans have more money to put into the stock market."But here's the thing: You don't have to be rich to invest in the stock market. In fact, you can get started with as little as $20. If you're a Millennial or Gen X'er, don't pass up the opportunity to get involved in one of the greatest wealth building tools ever created. If you're still not convinced, perhaps the simple math discussed below will do the trick.Continue reading
According to new research conducted by The Motley Fool, nearly half of all Gen X and Millennial adults don't own a single share of stock. Baby boomers, meanwhile, own more than half of all U.S. equities, when broken down by generational ownership.
"It's not surprising that baby boomers hold a large amount of stock," the new research concludes. "They've had plenty of time to build wealth via Wall Street and see their investments grow. Average net worth goes up as Americans age, which often means older Americans have more money to put into the stock market."
But here's the thing: You don't have to be rich to invest in the stock market. In fact, you can get started with as little as $20. If you're a Millennial or Gen X'er, don't pass up the opportunity to get involved in one of the greatest wealth building tools ever created. If you're still not convinced, perhaps the simple math discussed below will do the trick.
