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Many young investors see stock markets as their gaming arenas
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If retail traders lose too much money, they might give up on investing for good and miss out on long-term gains.
PHOTO: REUTERS
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Young people can open a trading account in minutes. Members of Gen Z start investing when they are 19, on average, according to a survey by Charles Schwab Corp released in June. That compares with 32 for Gen X and 35 for baby boomers.
In the US, for instance, Schwab also found that almost three in five people are investing in stocks. Federal Reserve data shows that this proportion represents the highest on record.
