Essence Magazine:
By Jasmine Browley· Updated November 8, 2022
A recent Bank of America survey has found that individuals aged 21 to 42 who hold at least $3 million in assets have only a quarter of their portfolio in equities. This is compared with more than half for Baby Boomers and Gen X, Bloomberg points out.
Bank of America surveyed 1,052 people with at least $3 million in investable assets and found that Gen Z
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