By: Melissa Leong
July 22, 2013
Much is often made of the financial pressures that Millennials face. They have higher tuition costs and graduate with heavy student debts. They face heftier housing prices and shrinking job opportunities.
But in the face of that, Millennials are starting to invest for the future at a younger age their their parents’ generation, a new report from TD says.
According to the TD Investor Insights Index, the average Gen Y investor said they made their first investment at age 20. In contrast, Baby Boomers held off until the age of 27.