About 40% minors think, that on shares you can quickly earn

About 40% minors think, that on shares you can quickly earn

Junior Achievement USA and consultancy RSM interviewed 1,000 minors aged 13 to seventeen, to find out their attitude to investments and the securities market. According to the survey, half of respondents called the securities market "not bad business" for ordinary Americans.

After the rally of "meme" shares, like GameStop,39 % minors study the stock market as a method to "make money fast". But twenty percent called the market "very risky". Least half, or forty percent, consider shares "a good long-term investment".

“They hesitate to invest in the securities market, and this can seriously affect savings in the future ", Leona Edwards, a money aide, said..

If children were allocated funds for investments, then forty-three percent would like to invest in shares,25 % - in cryptographic currency,24 % - in real estate.

“Almost all of them are already thinking about other investment methods.. Expanding variability is really great. ", Edwards also said..

According to the analysis,43 % of respondents called social networks a reliable information source about the securities market. Parents or websites would be consulted for advice 35 and thirty per cent of minors.

According to Edwards, you can get some good advice on the net, but don't trust everyone in order: "There are a lot of knowledgeable people on social networking sites.. However, financiers must find out for themselves, are the advisers worthy of their attention?".

Adults are more positive about the securities market.. According to the Gallup Institute, in 2021 Fifty-six percent of Americans own stocks. Average from 2009 fifty-five per cent. Before the money crisis, with 2001 to 2008 of the year, owned on average 62% adult population.

In Russia, due to low deposit rates, according to the Central Bank, number of brokerage accounts in the first quarter 2021 year increased by 29%, to 12,7 million. But the share of unique clients from the economically active population was only 15%. About 60% brokerage accounts remain empty.

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