Investing is no longer for older generations with extra money on their hands. Millennials are stepping up to the plate… and they’re actually quite good at it.
According to new research, nearly seven in ten millennials are currently investing financially in something.
The statistic emerged in a new survey of 2,000 millennials, which found that 85 percent of millennials do not, in fact, feel too young to invest.
The survey, conducted by OnePoll on behalf of Ally Financial Inc., sought to uncover how millennials feel about investing, and found that they are surprisingly confident.
According to the results, 85 percent of millennials who have invested have even made money, with the average millennial saying they’ve actually netted $2,527.17.
But are there some standards you should meet before you dive head first in the stock market or another investment?