Interesting timing... I wonder if we will look back on this as a top of market move?Australia - are things as good as they're going to get?
41 trades on Bell Direct ( in 2022 ) and 59 trades on Commsec ( in 2022 ) ( this does NOT include M&A and spin-off moves , TLC , etc. )how many on ASF think they're above average??
Australian men aged 70 were the most active investors on ASX-listed investment platform Selfwealth last year, averaging 61.4 trades, followed by 68-year-old men who made 60.3 trades.
Baby Boomers make up 10 per cent of Selfwealth’s 130,000 customers, with most investors on the platform in the Millennial (52 per cent) and Gen X (21 per cent) cohorts.
The average Baby Boomer trader made 31 trades. By comparison, Gen Z traders made an average 6.4 trades, while Millennials averaged 10 trades and Gen X made 19.3 trades
I saw this report and it did not surprise me.how many on ASF think they're above average??
Australian men aged 70 were the most active investors on ASX-listed investment platform Selfwealth last year, averaging 61.4 trades, followed by 68-year-old men who made 60.3 trades.
Baby Boomers make up 10 per cent of Selfwealth’s 130,000 customers, with most investors on the platform in the Millennial (52 per cent) and Gen X (21 per cent) cohorts.
The average Baby Boomer trader made 31 trades. By comparison, Gen Z traders made an average 6.4 trades, while Millennials averaged 10 trades and Gen X made 19.3 trades
GG as I one the 70 plus I suppose it boils down to what we have been through. extremely high interest rates down virtually zero. A depression a couple of not quite world wars, high employment and good wages, and I guess from my own experiences know how to manage the folding stuff when we were paid that way, not living on borrowed money via a credit card. I don't like the idea of going broke bt could live with it as I know how to up and get going.I saw this report and it did not surprise me.
Boomers have had the most fun, enjoyed the most self imposed risk, S,D, and R&R and compared to younger people are less risk averse and constipated in their outlook on life.
In my experience. apart from a few old Liberals from Sydney and Melbourne who belong to those clubs I would not join, Boomers couldn't give a **** about going broke or making a fortune.
It's the Vibe.
gg
Everyone else is too busy working.how many on ASF think they're above average??
Australian men aged 70 were the most active investors on ASX-listed investment platform Selfwealth last year, averaging 61.4 trades, followed by 68-year-old men who made 60.3 trades.
Baby Boomers make up 10 per cent of Selfwealth’s 130,000 customers, with most investors on the platform in the Millennial (52 per cent) and Gen X (21 per cent) cohorts.
The average Baby Boomer trader made 31 trades. By comparison, Gen Z traders made an average 6.4 trades, while Millennials averaged 10 trades and Gen X made 19.3 trades
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