Gen Z and Silent Generation investors doubled down on tech stocks last quarter
A recent survey by brokerage eToro found that Gen Z investors, as well as Silent Generation investors, increased their tech-stock allocation by 20% last quarter.
Meanwhile, all the other generations surveyed — including Millennials, Gen X and Baby Boomers — decreased their holdings in tech during the same period.
Bret Kenwell, an investment analyst for eToro, said that there were a few interesting findings that came out of this survey. “One that really stuck out to me was the fact that we saw tech allocation grow so much in the quarter for our youngest group, Gen Z, and the oldest group, Silent Generation. It’s very interesting to see such a big move in such a diverse group,” he told MarketWatch.
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