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Boomers buy into equities as burned young investors flee

Lucy Dean

Baby Boomer investors made five times as many trades on average as younger investors in 2022 as volatility and inflation prompted younger investors to hit pause or exit the market, trading platform analysis has found.

Australian men aged 70 were the most active investors on ASX-listed investment platform Selfwealth last year, averaging 61.4 trades, followed by 68-year-old men who made 60.3 trades.

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Lucy Dean writes about wealth management, personal finance, lifestyle and leisure, based in The Australian Financial Review's Sydney newsroom. Connect with Lucy on Twitter. Email Lucy at l.dean@afr.com

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    Original URL: https://www.afr.com/wealth/investing/boomers-buy-in-as-burned-young-investors-flee-20230110-p5cbi0