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Stock impact report

‘Financial nihilism' is pushing many gen Z Canadians to adopt risky investing, with worrying consequences [Yahoo! Finance Canada]

Bank Of Montreal (BMO) 
Last bank of montreal earnings: 2/25 06:00 am Check Earnings Report
For instance, according to data from the British Columbia Securities Commission (BCSC), over the past two decades the share of people aged 18-24 investing in securities has more than doubled. The bad news, however, is that this rising interest among generation Z in investing isn't expressed by disciplined long-term strategies such as purchasing low-risk mutual funds to build a healthy retirement portfolio, or other traditional financial advice, but increasingly by way of high-risk trading strategies to try and grow portfolios quickly and aggressively, according to the BCSC. And this rise of financial engagement isn't a result of an increase in disposable income. Gen Z doesn't have any. They're just surviving, according to several recent surveys. Many younger Canadians believe retirement planning will be more difficult than it was for their parents, according to a recent poll by the Bank of Montreal. Instead, the increasing prevalence of high-risk investment strategies is a sympt Show less Read more
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