thewealthnet

Covid-19 rings in investing boom amongst young

News Team, 21/01/2021

Two thirds of those investing between 18 to 34 began in 2020, research from the £3 billion investment company Alliance Trust has revealed.

A third (33 percent) of younger people who began investing in 2020 said they did so because Covid-19 was a “wake up call” and they realised they needed a savings safety net.

Just over a quarter began investing to secure a second source of income (26 percent) and to take advantage of market volatility (26 percent).

...

Continue reading this article...


Start a free trial now for access to breaking news and cutting edge analysis of the wealth management industry.







You are currently not logged in,
login to view the full article
start by clicking this button.





Need a subscription,
fill out the form here or
contact subs@thewealthnet.com