No Generation Gap

One day our generation
Is gonna rule the nation
--John Mayer

Included in this article discussing inter-generational investment preferences is recent data from Schwab showing top retirement account holdings for Millennials, Gen Xers, and Boomers.

The article emphasizes Millennials' unique faith in Bitcoin, which clocks in at number 5 at 1.84% of assets.

More striking to me, however, is what the generations have in common. Big FAANG exposure, Alibaba, Berkshire, Microsoft (MSFT). Few high dividend payers in the bunch.

These top positions suggest all three gens are betting their retirement futures on growth, not stability.

Suggests to me that there is little true generation gap when it comes to investing for retirement. Generally, all tend to throw caution to the wind--at least when it comes to their top positions.

no positions