The influx of trading activity over COVID-19 has died down, but researchers say there are signs investors are returning, while others, like Sara di Stefano, never left.
When Sara di Stefano arrived in Australia in 2016, she had two suitcases and a couple of hundred dollars to her name.Today her investment portfolio is worth $100,000 and her goal is to get to $1 million by the time she is 40, before fulfilling a dream of achieving financial independence.
But the same report also found that while 423,000 previously active investors fell dormant in the 12 months to May 2023, another 117,000 previously dormant clients actually resumed activity. Within that group, Gen Z and Millennials made up 52 per cent of the reactivated investors, with Investment Trends researcher Irene Guiamatsia suggesting it indicates that many of the “COVID wave” of investors have now experienced a full market cycle.
Fellow investor and public servant Nick Edrington, 31, says he’s investing less after purchasing an investment property. But he doesn’t plan to stop, describing himself as both optimistic about the future of markets and interest rates.
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