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Millennials and Investing
Millennials are becoming targets for investment companies in the wake of an ETF boom. This is because Millennials are starting to invest earlier than their parents. Millennials are starting around the age of 23 whereas Gen X started at 26 and Baby Boomers at 30. They are targeted with ETFs because of their lower risk tendencies. So far it has been working, last year WTFs saw records with an inflow of $338.3 billion, 36% higher than the year before. For more information visit this article by Annie Wyatt with Wealth Management.
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