15% of all investors in Germany started out on the stock market for the first time last year. The so-called „generation investor“ is not only significantly younger, but also much more optimistic about future developments on the stock markets, as shown in a new infographic from Kryptoszene.de.
The average age of these new players who invested in the stock market for the first time in 2020 is 35 years. Those who were already invested previously have an average age of 48. This was shown in data from a study by „Charles Schwab“.
Despite the uncertainty in light of the Corona crisis, the prices of many assets have risen considerably. As the infographic shows, the price of Bitcoin price has climbed by 512.6% within the last 12 months, while the DAX has also gained about 43%. “Generation Investor” is partly responsible for this, the authors of the aforementioned study concluded.
Surge in Demand
Among those investing for the very first time last year, 75% are optimistic about the performance of US equities. Among long-established investors, the figure is just 63%.
Meanwhile, the infographic reveals that while Germans are increasingly inclined to invest their money in the stock market, there remains a great affinity for savings books. If they had €5,000 at their disposal, the average 16- to 24-year-old would park just under €2,000 there and invest around €820 in shares, ETFs or funds. On average, people over 45 are actually more inclined to invest more money in the stock market, according to a recent „Klarna“ survey.
