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Showing 61 - 70 of 196 results for "Millennials"

Aussies shell out $51m on crypto fees

KARREN VERGARA  |  MONDAY, 31 JAN 2022
... figure is expected to grow as about 3.5 million Aussies plan to invest in cryptocurrency this year. Nearly one in three Millennials (29%) plan to invest in it the coming 12 months. Finder head of consumer research Graham Cooke said removing fees will ...

Millennials fastest growing SMSF cohort

ELIZABETH MCARTHUR  |  THURSDAY, 11 NOV 2021
Millennials (born 1981 to 1996) represent the fastest growing segment of new SMSF accounts. This is according to new data from AUSIEX, which found during the first quarter of this financial year there was a 9.3% increase in new SMSF accounts opened ...

Baby Boomers cashing in on meme stocks

ELIZABETH MCARTHUR  |  FRIDAY, 24 SEP 2021
... to analysis from Openmarkets Group, on average Baby Boomers and Generation X are making money on meme stocks, while Millennials are losing money. The analysis covered 11 "meme stocks" (stocks whose share prices skyrocketed due to social media hype on ...

Pandemic stokes investor appetite

ELIZABETH MCARTHUR  |  TUESDAY, 24 AUG 2021
... voracious appetite (although the survey was conducted before the latest lockdowns in the region). Although 75% of Millennials surveyed globally said they had invested or would invest soon only 7% said they actually made an investment as a direct result ...

New retail investors go digital

ANNABELLE DICKSON  |  TUESDAY, 10 AUG 2021
... $0.68 between January and May 2021, has certainly captured the imagination of many investors, especially zoomers and millennials," Guiamatsia said. "While there may be concerns about investor exuberance for relatively volatile digital assets, our research ...

Finfluencers ensnare female Millennials

KARREN VERGARA  |  THURSDAY, 22 JUL 2021
The growing finfluencer phenomenon is capturing female Millennials who turn to social media for financial advice and education. Analysis by marketing platform HypeAuditor reveals that more than half (57%) of female finfluencers' following are young ...

Millennials to reap super reform rewards

JAMIE WILLIAMSON  |  MONDAY, 28 JUN 2021
Planned superannuation reforms could net millennials $650,000 extra in retirement, according to Colonial First State. Analysis from the institution shows increases to the superannuation guarantee will boost a 35-year-old's super balance by $86,000. ...

Pandemic delays retirement plans

KARREN VERGARA  |  THURSDAY, 24 JUN 2021
... aged 35 and over. "The great recession shaped and continues to shape the financial literacy and behavior of Gen X and Millennials more than a decade later. The COVID-19 pandemic and resulting economic impact will have a similar lasting influence," Poolman ...

Goodments by Douugh now in Australia

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 JUN 2021
... of Vanguard, BlackRock and ARK Invest. The company's target market for the Australian launch is young people - Millennials and Gen Z - who it says are looking to the share market due to low interests rates for savings accounts and an expensive property ...

ATO cracks down on crypto

ANNABELLE DICKSON  |  MONDAY, 31 MAY 2021
... to follow the money back to the taxpayer." The warning comes following research from Vanguard which showed 20% of millennials are choosing to invest in cryptocurrencies.