Millennials Love These 5 Stock Market Sectors
Understanding the different nuances between generations can give investors great insight into stock market trends. For example, millennials (born from 1981 to 1996) are more likely to be invested in financial, energy, real estate, information technology, and emerging technology stocks than any other sectors, according to a recent Motley Fool study.
Armed with this information, investors can understand their own or others' biases that may affect their investment decisions. With millennial investors reaching their peak earning years, understanding what makes them tick could help rationalize what the markets do over the next few years.
Of the five sectors mentioned above, they are all equally loved, with the sectors owned by 31% to 35% of investors. So why are these more favored than other sectors? The same study found that millennials' highest priority for investing was "potential for long-term gains" and "historical performance."
Source Fool.com
