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Millennials Are Now Just as Likely to Own Crypto as They Are to Own Stocks

By bondsy Apr 5, 2022 | 5:53 AM

Here’s some news for anyone that doesn’t have a nephew that invested heavily in Dogecoin last year:  A new poll by the site Investopedia found Millennials are now just as likely to own cryptocurrency as they are to own STOCKS.

38% own crypto . . . 37% have money in the stock market . . . and one in four said they’re relying on their crypto to help fund their retirement.  23% of Gen Zers and 28% of Gen Xers also own cryptocurrency now.

Gen Z is the youngest generation, and so they’re also the most optimistic.  53% expect to retire before 60.  (???)  17% think crypto will help make that happen . . . and 27% plan to lean on their Social Security.