Four things about investing you can learn from millennials: Technology sustainability millenials investments revealed - technology and sustainability, how they invest according to the etoro platform.
The millennial generation is slowly approaching its peak at work. Born between 1981 and 1996, the oldest of this generation are entering quarantine, where their wages are higher and also their impact on the economy and markets.
There are even those who predict that in 2038, the S&P 500 will rise by 350% compared to current levels due to the influence of the millennial generation. The first reason for this omen is that since 1900, each peak of the Dow Jones has coincided with the peak of each generation. Millennials are approaching that zenith.
The second reason is the first education as investors that millennials can offer.
Spending less than you earn and investing the difference is the mantra repeated in one way or another by most gurus who talk about getting financial freedom. It seems that this message has permeated millennials.
Technology sustainability millenials investments revealed
According to data from the eToro trading platform, 70% of millennials invest actively. In addition, they do so in more than one type of asset: stocks, cryptocurrencies, investment funds…
60% of millennials claim to have their financial goals clear. The specific objectives are varied, although repayment of debt, saving for retirement and travel are among the most repeated.
An eToro survey revealed that 73% of those who started investing between 2017 and 2018 were attracted to cryptocurrencies.
That interest in technology has been maintained over time and now has added the care of the environment. Socially Responsible Investment or SRI is one of the trends of 2020 and 2021 and millennials are to some extent to blame.
Technology sustainability millenials investments revealed
72% of investors aged 18 to 34 incorporate sustainability as a basic criterion in their investment portfolios. In comparison, only 6% of those over 65 take these elements into account when investing.
This preference is reflected in the way you operate. Specifically, the trading volume on eToro of the world's 150 most sustainable companies grew by 550% in 2020.
What are the most important sustainable investment trends in 2021? Well, we're talking about basically three:
- Solar energy: newer technology with lower manufacturing costs, is making solar energy a possibility to generate electricity on a massive scale. Some companies to keep in mind: SolarEdge Technologies, Xinyi Solar Holdings, First Solar, Canadian Solar.
- Wind energy: wind is a renewable natural resource that exists in abundance. With the development of new technologies, the modern wind power market can grow to nearly $ 100 billion by 2025. Some companies to consider: Vestas Wind Systems A / S, Orsted A/S, NextEra Energy.
- Electric cars: hybridization is more than a reality, and the industry is gradually shifting towards all-electric vehicles, offering new investment opportunities. For example, at the end of 2020, Tesla's market capitalization was higher than that of almost all traditional automakers combined ($669 billion versus $654 billion. Source: Bloomberg). Some companies to consider: Tesla, Nikola, Nio, Plug Power, General Motors, Volkswagen, Ford.
There are many ways to invest in the market based on your knowledge and one of them is to do so by following the advice of experts and users with more experience. That's precisely what eToro social trading allows.
Technology sustainability millenials investments revealed
eToro's thematic portfolios allow you to invest in these investment trends in a global and also highly focused way. One example is the PetPortafolio to gain exposure to the booming pet sector.
In the technological field, these thematic portfolios allow investing in the most attractive and future trends such as autonomous driving, video games, cybersecurity, e-commerce, genetic modification, 5G, to give some examples.
For example, through the InTheGame portfolio you can invest in companies in the video game industry. The fund's shares include well-known brands such as Sony, NVIDIA and Nintendo.
Technology sustainability millenials investments revealed: eToro is a multi-asset trading platform that offers both stock and digital asset trading and CFD trading. Keep in mind that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.
This is a marketing communication and should not be taken as investment advice, a personal recommendation or an offer or solicitation to buy or sell any financial instrument. This material has been developed without regard to the investment objectives or financial situation of any particular recipient, and has not been prepared in accordance with legal and regulatory requirements to promote independent research. Any reference to the past or future performance of a financial instrument, index or investment product is not, and should not be considered, a reliable indicator of future performance. eToro makes no representations or assumes no responsibility as to the accuracy or completeness of the content of this publication, which has been prepared using publicly available information.
Technology sustainability millenials investments revealed
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The suspension of US tariffs could increase Spanish exports beyond the 12% predicted by the Bank of Spain for this year
The Spanish foreign sector is leading an important take-off since the beginning of 2021, thus meeting the expectations of experts, who predicted that it would be one of the engines that will help the Spanish economy recover from the crisis caused by the coronavirus. Thus, April's foreign trade data show a 71.8% year-on-year increase in exports, driven by the automotive sector, capital goods and consumer manufactures.
However, this impulse could be strengthened after the European Union and the USA arrived last week to a deal to end 17 years of war business for state subsidies to Airbus and Boeing, which has led to the suspension during 5 years of tariffs mutual Brussels and Washington have imposed their respective products and have affected the export of various products Spanish for the last 2 years.
In this way, the withdrawal of US tariffs on the import of Spanish products will strengthen Spanish exports in 2021 above the 11.9% advance that the Bank of Spain had predicted for this year for the sale abroad of goods and services within the central scenario of expectations of its last quarterly report on the Spanish economy, collected by Vozpópuli.
The study by the Bank of Spain predicts that, after the collapse of exports in 2020 due to the pandemic, which materialized in a decline of 20.2%, the upturn during 2021 oscillates between the 8.5% that reflects its adverse scenario and the 13.4% of its most optimistic forecasts, which were presented before the agreement between the EU and the US to postpone tariffs for the next 5 years was revealed.
In addition, the report forecasts that exports will move between an advance of 6.4% and 10.7% in 2022, depending on whether the rise in the GDP is close to the forecast pessimistic 5.2%% or the more favorable of 7%, while that for 2023 estimated a fork of the rise in exports between 4.1% and 4.3%, which will vary depending on whether the economic growth is close to 1.7%, as augurs its adverse scenario, or 2.2%, as expected favorable scenario.
On the other hand, in addition to the increase in the volume of foreign trade, the nominal value of exports will also be affected positively by the end of the trade war between Brussels and Washington, given that every increase of 1% in tariffs has meant a loss of value of 0.6%, as calculated by the Bank of Spain at the close of 2019, when they became effective penalties of the U.S. agri-food products in the country.
U.S. tariffs, which affect Spanish products such as olive oil, olives, wine, cheese, pork meat products, citrus and preserves, meant an impact of 1,000 million euros, as recognized to Vozpópuli the secretary general of the Circle of Entrepreneurs, Alfredo Bonet, who has predicted the rapid recovery of the Spanish export sector, which has in the U.S. its first commercial partner with more than 2,000 million euros annually in exports.
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