Crypto is by far the most popular target for young people investing for the first time, as the appeal of traditional investment vehicles faltered during the bitcoin boom.
Research published by Interactive Investor showed 45% of new investors aged 18 to 29 made their maiden investments in cryptocurrencies last month — more than twice the number of people who had first invested via funds, at 23%.
Investment trusts languished at 13% as one of the least popular routes to investing, while one in five said their first foray was in listed company shares.
Research published by Interactive Investor showed 45% of new investors aged 18 to 29 made their maiden investments in cryptocurrencies last month — more than twice the number of people who had first invested via funds, at 23%.
Investment trusts languished at 13% as one of the least popular routes to investing, while one in five said their first foray was in listed company shares.