According to Betterment, the line between investing and gambling is blurring among young Americans:
Gen Z:
➖52% at least once directed investment funds toward sports betting in the past year
➖26% believe betting is a conscious part of their strategy
For comparison, other generations:
➖Millennials — 31% / 14%
➖Generation X — 10% / 6%
➖Boomers — 4% / 1%
➖Overall average — 24% / 12%
With this trend, soon all investors will become gamblers, and gamblers will become investors—what’s the difference, though???
#Crypto
Gen Z:
➖52% at least once directed investment funds toward sports betting in the past year
➖26% believe betting is a conscious part of their strategy
For comparison, other generations:
➖Millennials — 31% / 14%
➖Generation X — 10% / 6%
➖Boomers — 4% / 1%
➖Overall average — 24% / 12%
With this trend, soon all investors will become gamblers, and gamblers will become investors—what’s the difference, though???
#Crypto
