Digital millennials love ETFs to build wealth. Can you keep up?
Today’s tech-savvy millennial generation is increasingly choosing to invest in ETFs accessed by apps. A recent survey by leading broker and asset manager Charles Schwab shows that more than half of millennials (56%) say ETFs are their investment vehicle of choice, more than any other generation. The Schwab ETF Investor Study also showed 60% of millennials surveyed expect to increase investments in ETFs in the next year, and 63% expect ETFs to be the primary investment vehicle