Only 18% of americans plan to increase their stock market investments this year, survey finds
Only 18% of americans plan to increase their stock market investments this year, survey finds"
- Select a language for the TTS:
- UK English Female
- UK English Male
- US English Female
- US English Male
- Australian Female
- Australian Male
- Language selected: (auto detect) - EN
Play all audios:
In this article * .VIX Follow your favorite stocksCREATE FREE ACCOUNT Thianchai Sitthikongsak | Moment | Getty Images The stock market's roller-coaster ride isn't inspiring
confidence in investors. Still, a small portion do plan to take advantage of recent price dips. About 18% of Americans are willing to put more money into stock market investments this year,
including retirement accounts, according to a recent survey from Bankrate. The online survey polled more than 1,500 investors April 19-22. "When markets pull back, it does represent a
good buying opportunity, particularly for the automatic savings that happen through a 401(k)," said Greg McBride, chief financial analyst at Bankrate. "A volatile year like this
could in the long-run prove to be an attractive buying opportunity and you'll be glad you invested more." MORE FROM INVEST IN YOU: How to calculate your own personal inflation rate
Half of Americans say inflation may hurt financial goals How to know if an adjustable rate mortgage is right On the flip side, more than 50% of investors said they'll keep their
investment amounts the same this year. Only 18% plan on decreasing the amount of money they'll put into stocks in 2022, according to the report. WHO PLANS TO BOOST INVESTMENTS
Younger investors, including Gen Zs and millennials, are the most likely to say they'll boost stock market investments this year, the survey found. That's a positive sign, as it
shows they're establishing and sticking to solid financial habits, according to McBride. "They have the longest time horizon until retirement," he said. "Having that
longer-term view and investing more is something that can compound and grow over an extended period of time." Baby boomers were the most likely to say that they'll decrease
investments in stocks this year, but that's likely more tied to their retirement timeframes than fear of market volatility or inflation. "It could just be a part of normal
financial planning as they near retirement or progress through retirement," said McBride. MARKET VOLATILITY Many investors are trying to tune out market noise, the survey found. So far,
56% of investors have made no changes to investments due to volatility, according to the report. Of those who have made changes, 14% bought more stocks and 16% either moved money out of
their investment accounts or decided against buying more. Similarly, 62% of investors have taken no action even amid rising inflation. This is generally a good strategy, according to Shweta
Lawande, a certified financial planner and lead advisor at Francis Financial, a New York-based firm. "We're focusing on what we can control," she said. In addition, keeping
automatic, consistent payments going to retirement or other investment accounts over time can help offset volatility like the recent choppiness. SIGN UP: Money 101 is an 8-week learning
course to financial freedom, delivered weekly to your inbox. For the Spanish version Dinero 101, click here. CHECK OUT: 74-year-old retiree is now a model: 'You don't have to fade
into the background' with Acorns+CNBC _Disclosure: NBCUniversal and Comcast Ventures are investors in __Acorns__._
Trending News
Kerala 12th class results 2014 latest news in hindi, photos, videos on kerala 12th class results 2014 inextlive jagranकेरल बोर्ड HSE 12वीं के रिजल्ट कल दोपहर 3 बजे local11 years ago केरल बोर्ड एचएससी 12वीं क्लास के रिजल्ट कल 13 मई दोपहर त...
Scientists identify 224 new species in mekong region: wwfA devil-horned newt, a blind cavefish, and an iridescent snake: these were among the 224 new species identified in the G...
Ebd spotlight: the diagnostic accuracy of artificial intelligence in orthodontic extraction decisionsYou have full access to this article via your institution. Download PDF MANAS DAVE reflects on topics discussed in our s...
Aclu: campaign against lgbt filtering is effectiveAt least 96 schools nationwide have stopped blocking educational websites that favorably depict lesbians, gays, bisexual...
We expect cities to foster multiculturalism – but they are strugglingDuring the past decade the idea that multiculturalism is a failed experiment has spread across Europe. The introduction ...
Latests News
Only 18% of americans plan to increase their stock market investments this year, survey findsIn this article * .VIX Follow your favorite stocksCREATE FREE ACCOUNT Thianchai Sitthikongsak | Moment | Getty Images Th...
Harlequins set to confirm five new signings, including rising star - ruckHARLEQUINS HAVE BEEN ACTIVELY BUILDING THEIR SQUAD FOR THE UPCOMING 2023/24 PREMIERSHIP SEASON, HAVING SECURED THREE NEW...
Javascript support required...
Florida's senate bill 736: with "wins" like these... (opinion)Recently, I wrote about how turning reasonable discussions about issues like teacher evaluation and pay into polarizing ...
Seeing where your hands are | NatureABSTRACT Some patients with brain damage fail to identify a sensory stimulus presented on the opposite side to their les...