Yahoo Finance: “Millennials embraced index funds — and now they’re day trading”By admin_45 in IN THE NEWS
Excerpt from Yahoo Finance quoting DataTrek's Jessica Rabe:
.... "This probably isn’t the case, according to Jessica Rabe, one of the co-founders at DataTrek Research.
“I think index and single-stock investing attract mostly the same audience, but there’s different buckets of personal capital including one for speculation and another for retirement,” she told Yahoo Finance.
The retirement bucket, she said, is the one with index funds, because it’s often the best of the employer-offered 401(k) funds and the plan often comes with a company match"....
Read the full article here on Yahoo Finance!