Millennials Invest Early, Think Long-Term
by News
Millennials are starting to invest for the future at a much younger age than their parents' generation, undeterred by higher tuition costs, reports of shrinking job prospects and higher housing prices. According to the TD Investor Insights Index, the average Gen Y investor reported making their first investment at age 20. In contrast, previous generations waited to make their first investment until closer to 30, with Baby Boomers holding off until the age of 27.
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