Does anyone have research insights on whether Millennials and their investment needs and habits differ from those of their parents? And if so, how they differ?
Really interesting research topic- worth considering the following references:
Formby, R., 2018. What is your relationship with risk?. Personal Finance Newsletter, 2018(450), pp.7-7 (This paper considers millennials as a discrete investment group).
Emc Breen, C., 2017. The Psychology of Millennials. Financial Behavior: Players, Services, Products, and Markets, p.241 (This chapter explores investment attitudes and behaviours of millennials as well as considering the effect of the recent financial crisis on investment decisions).