In 2020 alone, among in-profits investors, 18.8% of millennials and 17.7% of Generation Z investors doubled their position, implying that they had achieved 100% of their investment returns.
A survey conducted by NASDAQ-listed FUTU Holdings has found that more individuals – in particular millennials and Generation Z – are taking greater ownership of their finances by turning towards a greater interest in investing.
The heightened interest, according to FUTU, is also attributable to the increased accessibility and usability of digital tools, plus an uncertain and volatile future arising from the Covid-19 pandemic.
