Most Americans prefer to play it safe when it comes to investing. In fact, only 8% of Americans identify themselves as investment “first movers,” according to a recent Northwestern Mutual report. However, there’s a stark generational divide in how quickly people adopt new investment trends.

The survey found that 15% of Gen Z consider themselves first movers when it comes to investing, compared with less than 1% of boomers. Both approaches have advantages and drawbacks, but which generation’s investing strategy is actually working better?

Stocks vs. Real Estate: 7 Crucial Factors for Investors To Consider

Be Smart: 7 Low-Risk Accounts Proven To Grow Your Money Up to 13x Faster