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Young adults embrace risky crypto, stock bets as American dream feels unattainable
CNBC Television· 2025-10-16 22:30
Market Trends & Investment Behavior - Young Americans are facing increasing financial pressures due to rising debt, making traditional economic goals harder to achieve [1] - This situation is leading them to favor high-risk, high-reward investment alternatives, a trend described as financial nealism [1] - Risky assets like meme stocks, crypto, options, and leveraged funds are experiencing a boom, along with sports betting and prediction markets [2] Generational Differences & Investment Preferences - Gen Z is the generation most likely to consider or plan to invest in digital currencies in the next 5 years [3] - Despite having similar financial goals to older generations, young people are adopting a "swing for the fences" mentality due to the difficulty of achieving those goals with traditional investment strategies [3]