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However, reportedly only around half of millennials think they fall into this category.
To achieve the elusive state of financial security, many people turn to investing.
Below are four ways that millennials can take advantage of these services and optimize their approach to investing.
Many of the key findings come from aYouGov surveyof more than 400,000 Americans about their financial attitudes and behaviors.
Personalized banking can help lower this risk with services such as:
2.
However, this still represents the minority of the generation.
More millennials should be aware of the role that banking services can play in guiding better investment strategies.
Financial advisors can create personalized investment plans that make sense for your financial situation and risk tolerance.
On average, millennials are more likely to invest in these financial products than any other generation.
Millennials can use banking services to gain more exposure to a diverse range of investment opportunities.
For instance, many banks are opening up their offerings to include:
4.
Banking services that are aware of millennial investing trends have begun to align themselves with these perspectives.
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