Young Millionaires Buck Tradition, Seek Stability in Real Estate, Digital Currencies, Art

Instead of stocks, young rich Americans invest in real estate, digital money, fine art for stable returns.
40% of assets go into unconventional investments like real estate for rental income.
Fine art seen as stable, less prone to market ups and downs; appreciated 131% over 26 years.
Social impact investments gaining traction among young millionaires.
Younger investors keep ample cash reserves, diversify into unconventional assets unlike older generations.

yahoo.com

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Posted 9/26/2023, 5:08:11 PM