Express

Older Investors Prefer Gold, Younger Ones Go For Bitcoin, According to JPMorgan

Lily Yang

Summary: A generational difference among retail investors appeared to be significant during the pandemic, according to strategists from JPMorgan Chase & Co.  Older investors are more interested in buying gold, while millennials embrace Bitcoins. Whereas older ones are selling equities, millennials snap up tech stocks. Both seen as an alternative for currency, gold and bitcoins have ...

A generational difference among retail investors appeared to be significant during the pandemic, according to strategists from JPMorgan Chase & Co. 

Older investors are more interested in buying gold, while millennials embrace Bitcoins. Whereas older ones are selling equities, millennials snap up tech stocks.

Both seen as an alternative for currency, gold and bitcoins have experienced price rallies in recent months. For the first time gold price breaches the $2000 level on August 4, while BTC price is pushing towards $12,000.

By Lily Yang

Last Update:

Tags: ,,,
Link: Older Investors Prefer Gold, Younger Ones Go For Bitcoin, According to JPMorgan   [Copy]
Next:

Related Articles

  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 6 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 12 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 15 days ago
  • Justin Sun's Nasdaq Gamble: How Six Years Forged Ties with the Trump Family 16 days ago
  • The Crypto IPO Wave: From Fringe to Front Page 19 days ago

    • You need to login to comment.