Will young investors hang on when markets turn volatile?
Early signs observed through their behaviours over the last year, against the backdrop of major global shifts, suggest they're holding their nerve - for now
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HAVING been born into the most prosperous period in human history, today's youngsters have much to hope for. But they may have much to fear as well. Aside from inheriting the climate crisis, the young will have to endure the economic consequences arising from the pandemic.
Since late last year, Singapore has been affected by sustained inflationary pressure and interest rate hikes. A new layer of volatility was further added with the Russia-Ukraine conflict, which resulted in S&P 500 suffering its most drastic daily drop in March, since September 2020.
While these global events can act as the market bogeyman, scaring investors into reducing their exposure or exiting entirely, we've seen an unprecedented surge in investment activity from young investors.
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