The difference in investing strategies between over-60s and under-30s
The third quarter ASB Investor Confidence Survey indicates a clear divergence of strategies between investors over 60 and those under 30 years of age.
Photo: RNZ
Investor confidence is improving, with a clear divergence of strategies between investors over 60 and those under 30 years of age.
The third quarter ASB Investor Confidence Survey indicates an overall 9 percent improvement in confidence, with a net positive investor confidence rate of 10 percent, compared with 1 percent in the last quarter.
“While confidence has edged up, the underlying drivers of uncertainty, like global events, policy changes, and a sluggish property market, remain, ” ASB senior economist Chris Tennent-Brown said.
“Looking ahead, the overall…
