[size=36]Risk, investment and goals .. How do our behavior towards money change generations?[/size]
While the 55- to 73-year-old is thinking about retirement, the 39-65-year-old is still busy studying and working.
Other key factors have an impact on the way each generation thinks and disposes of its finances, including the repercussions of major international events, the place that culture occupies in each generation's life, and the impact of successive economic cycles on the way of life of different generations.
The UK-based Raknter, which specializes in publishing in-depth analysis for business leaders, has published an infographic highlighting the obvious differences in the way money is invested from generation to generation. Infographers have based on the results of several studies by international investment firms and consultants. :
According to specialized studies, 66% of people in the third millennium (
19-38 years) have confidence in the investment opportunities that will loom over them in the next 12 months, while the percentage drops to 49% for those aged 55 to 73.
has deliberately different generations previously mentioned to bring about changes in their investment portfolios due to the wave of the sharp fall stock markets that took place end of the year 2018, and the intended portfolio of different areas in which employ money, but noted that the courage to change the proportion varied significantly, was the largest for For younger generations gradually and clearly decreased with age.
- 82% of those in the third millennium have made changes in their portfolios.
- 69% of 39- to 65-year-olds make changes.
- 47% of 55- to 73-year-olds have changed their portfolio.
- 32% of the 74-91 year olds have changed their investment portfolio.
42% of the third generation consider themselves experts in the field of investment knowledge, while the percentage drops to 23% for the generation of 55 to 73 years.
45% of the generation born between 1965 and 1980 say their primary goal was when they were 27 years old to buy a house, while the percentage dropped to 23% when it came to the third generation.
The majority of the third millennium generation (66%) felt that it was able to manage various aspects of its finances, including investment in some smart phone applications, while the percentage drops to 35% for the current age between 55 and 73 years.
While 67% of millennials see AI recommendations for investment decision-making as key to any investment platform, Geely 39 to 65 and 55 to 73 are less enthusiastic about the technology, with only 30% convinced it. The ranks of the two generations.
Attitudes and ratios
The percentages vary between different generations when asking questions about several situations related to the financial situation and investment decision, as follows: He
believes that his conditions in the future will be better if he started investing
generation 19 to 38 years: 72%
generation 39 to 65 years: 73%
generation 55 73 years: 57%
want to try to invest in small amounts
Generation 19 to 38 years: 35%
Generation 39 to 65 years: 31%
Generation 55 and 73 years: 25%
afraid of losing all his money
Generation 19 to 38 years: 42%
Generation 39 to 65 years: 29%
Generation 55 and 73 years: 28%
so concerned about its current financial situation that it does not think about the future
Generation 19 to 38 years: 49%
Generation 39 to 65 years: 46%
Generation 55 and 73 years: 32%
believes that information related Exempt R difficult to understand
Generation 19 to 38 years: 63%
Generation 39 to 65 years: 59%
Generation 55 and 73 years: 55%
Not enough money to start investing
Generation 19 to 38 years: 55%
Generation 39 to 65 years: 59%
Generation 55 73 years: 56%
Source of figures: visual capitalist
Previous figures reveal similarities in thinking about money management between different generations. A large proportion of all age groups (more than half) find it difficult to understand the information available on investment. Not much enthusiastic about starting a small investment.
On the other hand, the difference in the rates of fear of losing everything is evident, as the third millennium generation is more afraid than others, and is also more concerned about its current financial situation.