Young Men Are Pouring Money Into Risky Assets Like Crypto and Meme Stocks

年轻人正在将资金投入加密货币和 Meme 股票等风险资产

WSJ Your Money Briefing

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2024-12-10

9 分钟
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Stock markets have hit a series of new highs in 2024, but a disproportionate number of young men are betting heavily on more unpredictable assets. Wall Street Journal reporter Katherine Hamilton joins host J.R. Whalen to discuss new research showing that men’s attitudes toward masculinity are a predictor of whether they own risky investments like crypto or meme stocks. Sign up for the WSJ's free Markets A.M. newsletter.  Learn more about your ad choices. Visit megaphone.fm/adchoices
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  • Here's your money briefing for Tuesday, December 10th.

  • I'm JR Welland for the Wall Street Journal.

  • Financial professionals often advise against investments in assets like cryptocurrency and so-called meme stocks because of the potential for significant losses.

  • That hasn't stopped a disproportionate number of younger men from pouring money into that end of the market.

  • There are a lot of different factors driving this,

  • but the main reason that I heard was that taking a big leap of faith in their financial strategy feels like the only way

  • that they can really have a chance at the life that they want,

  • whether that's retiring comfortably or buying a home.

  • Is the reward outpacing the risk?

  • We'll talk to Wall Street Journal reporter Catherine Hamilton after the break.

  • Many young men are making risky investments and are enjoying sizable returns for now.

  • Wall Street Journal reporter Catherine Hamilton joins me.

  • Catherine, what ages of men are we talking about?

  • Broadly speaking, we're talking about men under 40 years old,