Young Australians prioritize their investment portfolio over owning a home: this is where they put their money
- Young Australians have unveiled their investment strategies
- Most said they invested in global and local ETFs
Successful young men and women have revealed what’s in their investment portfolios – and it ranges from ETFs to crypto, cars and real estate.
Queen Tana Sydney-based marketing executive specializing in money and budgeting videos took to the streets to find out what young people are investing in.
The first woman she spoke to admitted that she is often hesitant when people ask her about investments.
“This is a fickle question that I’ve avoided answering for a very long time,” she said.
She went on to explain that she has “about 50 percent in blue chip direct stocks,” then 20 percent in an Australian exchange traded funds (ETF), and another 20 percent in a global ETF.
She said she likes to “play” with her last 10 percent — but didn’t give dollar figures.
Queenie Tan asked young Australians where they invest their money
Another woman said she also owns “a very small number” of ETFs, some individual stocks, and “a few tried and tested” stocks. But did not name names.
A man sparked concern when he revealed that most of his money is on Netflix, with many people in the comments warning him to “get out quick.”
A man pointed to his Tesla car, which he considers an investment, and said he was interested in global index funds. He also has shares in Nike and some money in bitcoin, crypto and ethereum.
The next guy said he has a few investment properties. He also “has companies,” direct stocks, and ETFs.
The latter woman said she owns some ETFs as well as shares of Adore Beauty.
“You have to support the TimTam that goes with the orders,” she laughed.
The video seemed popular with fans of Queenie, but some revealed that they have a little less investment themselves.
The young people were more than happy to answer Queenie – and most claimed to have money in ETFs
“I have a wallet,” one man said.
“I’ve got some magic beans and a bottle cap,” another offered.
“Is it just me or do they all speak a different language,” said another.