How Millennial investors are planning to retire by 50
More than 90 per cent of trades on the Pearler platform are in ETFs and LICs as next-generation investors pursue financial independence via passive market exposures.
While 2020 was the year of the new active trader, 2021 may well be remembered as the year of the sensible long-term investor.
Millions of Millennial and Gen Z consumers around the world placed their first ever trades last year via cheap online brokers like Robinhood, which is now headed for a mega listing in the US off the back of its surging popularity.
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Aleks Vickovich leads the Financial Review's coverage of wealth management, specialising in the business and regulation of investment markets, financial advice and superannuation. Email Aleks at aleks.vickovich@afr.com
