News
Gen Z Investors Avoid 60-40 Strategy for Sneakers and Rare Cars, BofA Says
The newly rich are trading long-time investment tactics for heavier crypto portfolios and a passion for collectibles.
Approximately 94% of Gen Z and Millennial investors are interested in collecting items like watches, rare cars and sneakers, according to a new survey of wealthy Americans by Bank of America Corp. It was the highest rate of any generation surveyed, with only 57% of Baby Boomers expressing an interest in collectibles.