Researchers have attempted to probe North American teens’ perceptions of the stock market, cryptocurrencies and other investments in the high octane GameStop era. The results showed that cryptocurrencies edged ahead of some other asset classes like real estate, with 25% of teens saying they would invest in crypto if given hypothetical funds as compared with 24% in real estate.
43% remain convinced that the best bet would be to invest their funds in the stock market, yet a large share – 37% – said they’d refrain from investing altogether.
These results were drawn from a survey jointly conducted by Junior Achievement and RSM US in mid-July of this year among a small sample of just over 1,000 teens aged between 13 to 17 years. 39% of respondents who had closely followed the GameStop saga agreed with the idea that investing in the stock market is a great way to make a quick buck, with 20% judging trading stocks to be too risky