New survey reveals Americans are in favor of non-traditional investing but don’t know where to start
The survey found that younger Americans are more open to investing this year than older generations, and many are getting investment advice from non-traditional sources like social media.
- The survey found that younger Americans are more open to investing this year than older generations, and many are getting investment advice from non-traditional sources like social media.
- And, while theres interest in alternative investments, many of those surveyed said they dont know much about them or how to get started.
- Gen X respondents were more likely than any other generation to state they dont know where to start (39%) or dont have the capital to get started (39%).
- Investments start as low as $1,000, terms as short as 6 months, and interest earnings ranging from 4.5% to 8%.