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Welcome to Episode #143 of the Zacks Market Edge Podcast.
Every week, host and Zacks stock strategist, Tracey Ryniec, will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life.
In this episode, Tracey is joined by two of Zacks summer interns, Radek Gralak, a student at Loyola University Chicago, and Afree Mian, a student at Northwestern University, to discuss what the youngest Millennials are doing with their money.
Is Bitcoin still hot?
What investing apps are they using?
Where are they ordering their pizza from?
The Millennials are getting old. (Gasp!) The most common definition of the generation puts their age range from 20 to 37.
That means some college students are now Generation Z.
While this year’s interns were still Millennials, by next year, Tracey may have to be interviewing Generation Z interns for this podcast.
Investing in a Bull Market
Most interestingly, even though the older Millennials came of age right in the middle of one of the worst recessions in US history, the youngest Millennials are entering adulthood in one of the better economies of recent memory.
Not only that, given the length of the bull rally in stocks, they are entering the investing world at a time when even a 10% downturn in the major indexes is rare.
Some Millennial investors, if they bought the FAANG stocks, may not know what losses in investing even are.
What Are Young Millennials Investing In?
Not surprisingly, “buy what you know” appears to be really popular among the younger Millennials who are buying stocks.
1. GrubHub , Twitter , and Facebook , for its popular Instagram platform, are all stocks that many Millennials might own.
2. What about Snap (SNAP - Free Report) ? Is Snapchat still popular with Millennials? Tune into the podcast to find out what they think about this popular app.
3. Bitcoin and the other cryptocurrencies may have dropped in value, but buying them is still the rage among these college students and their friends.
In College, Pizza Still Rules
Even with all the food delivery options available, pizza is still one of the top “go-to” meals for young Millennials.
Who are the big winners with Zacks interns?
Is it Domino’s (DPZ - Free Report) , Papa John’s or one of the new upstarts?
Find out the answers to this and much more on this week’s special Millennials podcast.
[In full disclosure, Tracey owns shares of FB in her personal portfolio.]
Wall Street’s Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.
Image: Bigstock
Do Millennials Have a Love Affair with Stocks and Bitcoin?
Welcome to Episode #143 of the Zacks Market Edge Podcast.
Every week, host and Zacks stock strategist, Tracey Ryniec, will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life.
In this episode, Tracey is joined by two of Zacks summer interns, Radek Gralak, a student at Loyola University Chicago, and Afree Mian, a student at Northwestern University, to discuss what the youngest Millennials are doing with their money.
Is Bitcoin still hot?
What investing apps are they using?
Where are they ordering their pizza from?
The Millennials are getting old. (Gasp!) The most common definition of the generation puts their age range from 20 to 37.
That means some college students are now Generation Z.
While this year’s interns were still Millennials, by next year, Tracey may have to be interviewing Generation Z interns for this podcast.
Investing in a Bull Market
Most interestingly, even though the older Millennials came of age right in the middle of one of the worst recessions in US history, the youngest Millennials are entering adulthood in one of the better economies of recent memory.
Not only that, given the length of the bull rally in stocks, they are entering the investing world at a time when even a 10% downturn in the major indexes is rare.
Some Millennial investors, if they bought the FAANG stocks, may not know what losses in investing even are.
What Are Young Millennials Investing In?
Not surprisingly, “buy what you know” appears to be really popular among the younger Millennials who are buying stocks.
1. GrubHub , Twitter , and Facebook , for its popular Instagram platform, are all stocks that many Millennials might own.
2. What about Snap (SNAP - Free Report) ? Is Snapchat still popular with Millennials? Tune into the podcast to find out what they think about this popular app.
3. Bitcoin and the other cryptocurrencies may have dropped in value, but buying them is still the rage among these college students and their friends.
In College, Pizza Still Rules
Even with all the food delivery options available, pizza is still one of the top “go-to” meals for young Millennials.
Who are the big winners with Zacks interns?
Is it Domino’s (DPZ - Free Report) , Papa John’s or one of the new upstarts?
Find out the answers to this and much more on this week’s special Millennials podcast.
[In full disclosure, Tracey owns shares of FB in her personal portfolio.]
Wall Street’s Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.
Click for details >>