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Personal FinancePublished 12 mins agoCollege students not sinking money into stocks like they used toFacebookTwitterCommentsPrintEmailBy Frank ConnorFOXBusinessclosevideoKristina on Campus: How are millennials investing?
FOX Business’ Kristina Partsinevelos asks college students if they’re investing money in the stock market.
College students are not investing in the stock market the way they once did. FOX Business’ Kristina Partsinevelos investigated students’ forays into the stock market at Fordham University.
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Fordham students were mixed in their involvement in market activity, while some expressed investment interest, others were skeptical of their own financial competence. When asked, one young woman said: “I know so little about the economy, I’m just not capable of [investing].”
Another student shied away from investing based on his current financial situation and his general lack of interest. “I simply don’t know how and I don’t have the time” attested the young man.
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According to Charles Schwab, data shows that fewer young people are investing today (37 percent) than invested a little over a decade ago (52 percent).
There are, however, some financially-minded students on Fordham’s campus.
“I am invested and I do pay attention,” said one, while another provided Partsinevelos with investment advice. He expressed his interest in ETFs, saying “go with the market long-term.”
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For college students who have invested considerably in their education, if not the stock market, express longer-term plans for investment. An economics major articulated this position saying, “I haven’t invested any money yet, but I do plan to.
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Quotes delayed at least 15 minutes. Real-time quotes provided by BATS BZX Real-Time Price. Market Data provided by Interactive Data (Terms & Conditions). Powered and Implemented by Interactive Data Managed Solutions. Company fundamental data provided by Morningstar. Earnings estimates data provided by Zacks. Mutual fund and ETF data provided by Lipper. Economic data provided by Econoday. Dow Jones & Company Terms & Conditions.
This material may not be published, broadcast, rewritten, or redistributed. ©2019 FOX News Network, LLC. All rights reserved. FAQ – Updated Privacy Policy