Almost Half of Millennials Plan to Invest More, Not Less, During COVID-19

COVID-19 has been hammering the U.S. economy since cases started multiplying in March. Not only have millions of Americans lost their jobs in the past two months, but the stock market has lost a fair amount of value compared to its highs back in February. And the longer the COVID-19 crisis drags on, the more volatility we're apt to see.

Surprisingly, though, that volatility isn't turning younger investors off. Quite the contrary: Millennials' primary financial priority is to increase their investments, according to a recent survey by investment management company Wealthfront. In fact, 46% of younger Americans say that recent turbulence has actually made investing more attractive.

IMAGE SOURCE: GETTY IMAGES.

Continue reading

Source Fool.com