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This New ETF Demonstrates Wall Street’s Unbridled Hunger For Millennial Money
I remember the old Stein Roe Young Investors Fund in the 80s and 90s ... was "the" thing parents would gift to their kids and/or many people owned as their first investment, and I owned some myself. It owned the things a "young investor" would be interested in and/or using as they started their careers. But that was when folks entered the markets for long-term investments, not short-term hype-cycle-driven trading-through-ADHD. :/
Not sure how popular this latest thematic ETF will be though. Nevertheless, I wonder if GlobalX is already planning for the "Aging Millennials ETF" in a few years......because, hey, there's always someone willing to buy something, right?
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Not sure how popular this latest thematic ETF will be though. Nevertheless, I wonder if GlobalX is already planning for the "Aging Millennials ETF" in a few years......because, hey, there's always someone willing to buy something, right?