Get All Access for $5/mo

Why Millennials Might Be the Best Generation at Investing The demographic best known for having unlimited information and student loan debt could be the smartest investing class yet.

By Phil Town

Opinions expressed by Entrepreneur contributors are their own.

Millennials possess some promising traits to become successful and shrewd investors. Entrepreneur Network partner Phil Town lays out a few characteristics of millennials that make them potentially terrific candidates for informed investing. Though the group can struggle from university loans, millennials exhibit certain traits that make them great candidates for placing money with great financial return.

This group's time combating a Recession-era economy has made millennials wary of the stock market, but at the same time, their hesitance over committing their own funds creates an advantageous mindset that is cautious yet resourceful. Oftentimes, millennials will commit more research to make smarter decisions.

These young people are also more likely to look for companies that align with their values, which often lean toward companies that give back to the larger world. With so much information at their disposal, millennials are naturally savvy to what is taking place in the world, which equips them to potentially make better and more informed investing choices.

So, if you're a millennial you may have just the right personality and background to make you an all-star investor.

Related: Understanding the Basics of Personal Finance: Compound Interest

Entrepreneur Network is a premium video network providing entertainment, education and inspiration from successful entrepreneurs and thought leaders. We provide expertise and opportunities to accelerate brand growth and effectively monetize video and audio content distributed across all digital platforms for the business genre.

EN is partnered with hundreds of top YouTube channels in the business vertical. Watch video from our network partners on demand on Roku, Apple TV and the Entrepreneur App available on iOS and Android devices.

Click here to become a part of this growing video network.

Phil Town is an Investment Advisor, Hedge Fund Manager, 2x New York Times Best-Selling Author of Rule #1 & Payback Time, and Ex-Grand Canyon River Rafting Guide. Rule #1 Investing is Warren Buffett style investing, teaching you how to buy businesses on sale, with little risk and 15 percent returns. In fact, Rule #1 investing is practically immune to the ups and downs of the stock market.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business Solutions

Increase Productivity with This Microsoft 365 Subscription, Now $25 Off

It can make the entrepreneur life a lot easier.

Business News

Apple Pay Later Is Ending. Here's What's Taking Its Place.

The program was available for less than a year.

Leadership

This Artist Answered a Businessman's 'Powerful' Question — Then His Work Became 'the Poster Child for Juneteenth': 'Your Network Really Becomes Your Net Worth'

Reginald Adams was the executive director of a Houston-based art museum for more than a decade before he decided to launch his own public art and design firm.

Leadership

Harvard Business School Professor Says 65% of Startups Fail for One Reason. Here's How to Avoid It.

Team alignment isn't nice to have -- it's critical for running a successful business.

Business News

Here's What Companies Are Open and Closed on Juneteenth 2024

Since it became a holiday in 2021, Juneteenth has been recognized by some major corporations as a paid day off.

Growing a Business

I Hit $100 Million in Annual Revenue by Being More Transparent — Here Are the 3 Strategies That Helped Me Succeed

Three road-tested ways to be more transparent and build relationships that can transform your business — without leaving you feeling nightmarishly over-exposed.