Investing in a volatile world: Strategies for Gen Zs, millennials, and retirees
The Nigerian Stock Exchange is hitting new highs as Bitcoin Surges, and the US stock market has reached unprecedented levels.
Unsurprisingly, that has attracted the populace’s attention.
The rise in mobile phone applications for stock trading, along with easy-to-access online trading, has greatly contributed to a new generation of investors who are used to sudden surges of volatility.
Younger investors, specifically millennials and Gen Z, have a long time until retirement, allowing them to take on risk and benefit from the market’s ups and downs.
Time allows them to wait for their stock portfolios to recover, with the added benefit of compounding. Emotional decisions taken now can derail long-term plans.
Every investor faces the…
