Millennials opting rather for a bitcoin-related products than it is for stocks, such as Netflix, and Microsoft as well. That’s according to research conducted by investment firm Charles Schwab. It is not the number of respondents to the survey is.
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Not readily available in the bitcoin investment
Millennials, according to Charles Schwab, 1.84% of their portfolio to Grayscale Bitcoin Trust. That is, a proportion of the price of bitcoin will follow. Is a rise in the price you will receive, and therefore the rate of return. You only have to buy is not directly to bitcoin.
The study looked only at traditional financial services. Think of stocks and ETF’s. The right to buy and manage a bitcoin and was, therefore, not be included in the study. Therefore, it could be that the millennials are also interested in it, but that was not to be included in the study.
The research group of Charles Schwab, has a large wallet. The average portfolio for the millennial, it is 68.756 of the dollar. The study, therefore, may not be very representative. According to the NIS, the average millennial is at all to much money to make to buy a house, let alone the thousands and thousands of dollars investing in stocks and shares.
However, it is interesting to note that investing millennials tend to choose bitcoin over other stocks. Not only are Netflix and Microsoft to terminate earlier, even large companies, such as Walt Disney and Alibaba are scoring less and less.
Different generations, different interests,
Charles Schwab, have been studied as well as other generations such as baby boomers and generation X. the Baby boomers are people who were born after the Second world War, roughly between 1945 and 1955. Generation X is the generation following the baby boomers is coming.
Both generations have an interest in the bitcoingerelateerde investment. Both generation X and baby boomers, Apple continues to be the most popular, according to Charles Schwab.
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