Getting Younger People In Touch With The Future Of Investing
Investing is a simple concept. An investor commits capital with the expectation of financial return, which according to CNN Money is a growing benefit to the average American’s bank account. In fact, 77% of stock market investors made money in 2016.
According to a Bankrate Money Pulse Survey, 48% of Americans have invested in the stock market. While CNN Money appears to think this is a poor statistic in comparison to the 61% of Americans consuming coffee daily, it is still a great portion of the population.
Only a quarter of people under the age of 30 have invested in the stock market, potentially leaving their retirement savings vulnerable. CNN Money claims this makes the rich richer and exacerbates the nation’s inequality problems. Those under 30 claim they have insufficient funds to gamble with the stock market.
For the most part, stock-owning Americans include anyone that has money invested in pension funds, 401(k) retirement plans, IRAs, mutual funds, ETFs or individual stocks such as Apple, Ford or Tesla.
So what can people do to connect the trade experienced leaders with the inexperienced youth uncertain about investing?
While trading is risky, it can be an easy way to invest in equities that can benefit investors later down the track. It comes as no surprise that Collective2 has increased 30% in five months and hit $75M worth of accounts connected to their platform. If well-experienced trade leaders are connected on this platform, they can earn money while selling their systems, offering auto trading, and submitting their trade.