Are affluent members of the Millennial generation showing any common investment habits?

Yes, one of the main findings of the report, “Getting to Know Gen X and Millennial Investors,” commissioned by Global X Management with research from ORC International, was that when grouped by wealth and age, certain common links began to appear that surprised the researchers.
These affluent individuals, all under 50 and over age 21, broke out into four main groups, two for each generation, were labeled as “Builders” and “Adrenaline Techies” for affluent Millennials and as “Cautious Consulters” and “Knowledgeable Xers” for wealthier Generation X individuals. For this report, the researchers considered those born between 1968 and 1979 as members of Generation X while looking only at 21 and over Millennials, i.e. those born between 1980 and 1995.
This week we examine affluent Millennials surveyed and reviewed for this report and next we will examine the Generation Xers. Check out our new article on Thursday.