The Guardian | Less financial stability, smaller social safety nets: inside the gen Z investing boom by Jenna Zaza

AI generated summary, Read the full article for complete information.

Nearly 30 % of people born between 1997 and 2012 are already investing in financial markets before entering the workforce—a rate almost double that of millennials—driven by economic uncertainty, limited social safety nets, and the ease of access provided by fintech apps and AI tools. While many Gen‑Z investors favor cautious, long‑term strategies such as low‑cost, diversified ETFs and retirement accounts, a smaller, risk‑seeking segment pursues speculative assets like crypto and day‑trading, often without fully grasping the hazards. The rise of AI‑assisted portfolio advice further amplifies their confidence, as young investors use tools like ChatGPT to evaluate holdings and diversify. Overall, the generation’s early and tech‑savvy participation reflects both a desire for financial independence amid a precarious job market and a willingness to blend traditional prudence with innovative, high‑risk approaches.

Read more: https://www.theguardian.com/business/2026/may/02/gen-z-investors-crypto-boom

#Sharesies #GenZ #cryptocurrencies #investing #AmbricoRanginui #ShivanaAnand #MinwooLim #KellyKameni

First time I've seen a /debit/ card money-back scheme.(Plenty of credit-cards with, but they all have high enough annual fees (and low enough returns) that we'd struggle to break even.) It would require a little more forward planning to make sure we had the money in the right account when it was optimal (like today (school uniforms, ugh)) but even 1% of our 4-human-3-cat grocery spend over the course of a year would not be insignificant.

#Sharesies #HouseholdFinance

https://intercom.help/sharesies/en/articles/12369156-investback