“Gen Y’s optimism extends beyond the investing world, too: A survey released in September by the Gen Y consultancy Millennial Branding and career site Beyond.com found that almost 9 in 10 Gen Yers are optimistic about finding a job, compared to 8 in 10 Gen Xers and just over 7 in 10 baby boomers. “They have their whole lives ahead of them … they are saving more, managing their money, and are savvy investors because they have access to a whole online network of experts,” says Dan Schawbel, managing partner of Millennial Branding.”
Why Younger Investors Are So Optimistic
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