Skip to main content

Millennial vs Boomer Charts

Which of the following best describes your level of investment knowledge?

GroupVery knowledgeableFairly knowledgeableNot very knowledgeableNot at all knowledgeable
Millennial 42% 45% 12% 1%
Baby boomer 17% 56% 25% 2%

 

What kind of market do you anticipate over the next 1 to 3 years?

GroupBull marketBear market
Millennial 71% 29%
Baby boomer 50% 50%

 

What sources do you turn to for investment advice? (choose all that apply)

GroupFinancial advisorFamilyMoney management websitesBankFriendsFinancial services company websitesNews outletsStock brokerBlogsSocial media
Millennial 65% 54% 49% 41% 39% 37% 27% 26% 25% 13%
Baby boomer 65% 29% 29% 15% 18% 34% 39% 10% 7% 3%

 

How do you typically react to a falling market?

GroupSellBuyShiftNo changeOther
Millennial 16% 24% 22% 37% 2%
Baby boomer 2% 19% 16% 59% 4%

 

How do you typically react to a rising market?

GroupSellBuyShiftNo changeOther
Millennial 22% 26% 12% 40% 1%
Baby boomer 8% 14% 15% 61% 4%