Where can Gen Z invest?
Stocks: A stock is a share of ownership in a public company. When you buy a stock, you become a shareholder.
Bonds: A bond is a loan that is typically issued by a government or corporation. When you buy a bond, you are lending money to the issuer. In return, the issuer promises to pay you interest and repay the principal (the amount you loaned) at a later date.
Mutual Funds: A mutual fund is a type of investment that pools money from many investors. Mutual funds are managed by professional money managers.
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Generation Z is the most connected and financially savvy generation yet. To manage money for Generation Z, start with a budget, create a savings plan, and make a debt repayment plan. Educate yourself on financial topics and get professional help if needed. There are many investment options available to Generation Z, including stocks, bonds, mutual funds, and exchange-traded funds (ETFs). Be wary of anyone who claims to be a financial expert but doesn’t have the qualifications
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