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.
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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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Original URL: https://www.afr.com/wealth/investing/how-millennial-investors-are-planning-to-retire-by-50-20210628-p584yu
