Generation Z Investing Habits
Young Bulgarians are increasingly turning to financial markets instead of investing in property, according to a European survey conducted by a global fintech company.
The survey, carried out between January and July with 1,000 respondents, shows that although 39% of Bulgarians still prefer investing in real estate, more than 40% of people under the age of 34 choose to invest in shares and exchange-traded funds (ETFs).
Experts say the rapid development of the fintech industry has made access to financial markets easier for young people. Financial instruments also provide greater flexibility compared to property investments and require significantly smaller initial sums.
Financial instruments provide greater flexibility and require smaller initial sums.
Author's summary: Young Bulgarians prefer financial markets over real estate.