Gen Z is more actively participating in the stock market than any other generation. Why? They have a fear of missing out, or “FOMO.”
In a stock market that’s seen sharp ups and downs over the past year, most Gen Zers are diving in headfirst. Nine out of 10 say they are actively trading and responding to economic factors like inflation and rising interest rates, significantly more than any other generation, a Bankrate survey found. FOMO may imply that Gen Z is blindly jumping on the investing bandwagon, like they did during the pandemic-era meme stock craze, but that may not be the case here. One expert says it just means that investing concerns are becoming mainstream and Gen Z is using their diverse financial resources to learn as they go.
