8 most popular investing strategies across Gen Z, millennials, Gen X, and boomers
Investing habits vary across generations due to differences in financial goals, risk tolerance, and market exposure. Each generation employs a distinct mix of strategies to build wealth. Younger generations, such as Gen Z, tend to explore a broader range of options.
A Charles Schwab Modern Wealth survey, updated as of March 2024, examined the investing behaviours of 1,000 U.S. adults. The survey found that 72% of Gen Z respondents considered financial advice from social media, compared to 57% of Millennials, 38% of Generation X, and 19% of Baby Boomers.
Gen Z is also starting to invest earlier, with an average starting age of 19, while Millennials began at 25, Generation X at 32, and Baby Boomers at 35. Starting earlier gives younger…
