Wealthy millennials are rejecting stocks for ‘alternative’ investments. What are they?

Published: July 29, 2024

The survey also hints at broad disagreement between younger and older investors on a fundamental question of investing: Can you get rich on stocks and bonds alone?

“The survey is asking ‘Where can I get above-average returns?’” said Dustin Wolk, a wealth adviser at Crescent Grove Advisors in Milwaukee. “These individuals are answering, ‘I don’t think it’s in stocks and bonds anymore.’”

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