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Stock impact report

Latest Ally Invest Survey: Volatile Markets Attract Millennial "Buyers"

Ally Financial Inc. (ALLY) 
Last ally financial inc. earnings: 4/20 07:30 am Check Earnings Report
US:NYSE Investor Relations: ally.com/about/investor
Company Research Source: PR Newswire
CHARLOTTE, N.C., July 11, 2019 /PRNewswire/ -- According to a new survey from Ally Invest, the majority of independent investors (54%) said they hold onto their investments when large market disruptions occur, while a still significant number (41%) said they take advantage of these market inflections to buy and add to their investment portfolio. Only five percent of respondents said they would sell parts of their portfolio during times of disruption. When broken down by age, those investors who said they would buy more stock during market swings were predominantly Millennials (55%), while older investors (64% Gen X and 77% Baby Boomers) said they were more likely to hold their course. Ally Invest is the brokerage and wealth management arm of Ally Financial, and the survey, conducted June 19-20, 2019, polled more than 1,500 active individual investors who invest through the company. "What's particularly noteworthy in these survey results is how comfortable investors have become with th Show less Read more
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