The study shows millennials prefer to invest for immediate financial requirements, such as supplementing their income, rather than investing to boost their retirement.

“Investing is seen as an important contributor to meeting current and future financial goals,” says Gavin Ralston, had of thought leadership at Schroders. “Getting a return higher than inflation are what is most important to investors. However, investors’ short-term outlook and unrealistically high return expectations raise concerns that investors could be left disappointed.

“We encourage investors to think long term when investing, as our fund managers do.  We believe a realistic risk adjusted return can be achieved when investing over a period of at least five years,” he adds. “Speaking to a financial advisor can help investors align their investment portfolio with their needs and their financial goals.”
 

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