Meanwhile, 18 to 24-year-olds involved in the survey planned to use 40% of any stimulus checks on stocks.The over-55s surveyed said they'd put only 16% into stocks.
Responses in the survey showed that half of 25 to 34-year-olds plan to spend 50% of their stimulus checks on stocks, leading the German investment bank to state that "a large amount of the upcoming U.S. stimulus checks will probably find their way into equities." In all, the online survey of 430 retail investors found that respondents plan to put a large chunk of any forthcoming stimulus directly into stocks, which could represent a sizable inflow into the market of $170 billion, Deutsche Bank estimated.
SuperDuperInvst Keep printing more. $USD is becoming a new shitcoin
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Sad most of em don’t got a clue and will loose it all
Literally everyone on Stocktwits is going in on BTCS this week lmao! Going to be crazy.
matt_mc1221
Thats right, thr generation that refuses to be mentally enslaved working 9-5 forever like out parents...Now mind your business CNBC
“An online survey of 430 investors who use online broker platforms found that half of respondents between 25 and 34 years old plan to spend 50% of their stimulus payments on stocks” - so everyone surveyed were investors 🤔 🧐
We don't buy bitcoin We earn bitcoin via crypto trade I'm ready to show 10 lucky people on how to earn 5BTC Weekly Send DM for full info.
Somehow this is going to make old people angry
CATCH THOSE FALLING KNIVES, KIDDOS!
People who were not affected by job losses shouldn’t qualify for the stimulus. It’s a waste of public money. I know a few software engineers who retained their jobs like usual but collected the stimulus last summers.
Penny stocks
Mine will be going to my dang student loans 😩
The rich kids, apparently.
90% of all young people I speak to know what Bitcoin is and want to be involved. The same youngsters understand stocks are old money where as crypto is the future. Bitcoin is also 'cool' 😎
So, some facts: This survey was done with less than 300 people, and MOST OF THEM WERE ALREADY RETAIL TRADERS. That's like asking a gamer if they plan on buying a game with their stimulus check, or a painter if they are buying art supplies. Biased survey is biased.
Guess I'm buying more $AMC 🤷♂️💎👐
$AMC $GME squeeze incoming !
On cryptocurrency*
This money is meant for spending not for stocks o 😂
Look out WS Robinhood is going to break you.
Gamestop baby... I'm in and up 300%... in a single day.
I'm using half of mine to buy rubbers.
Hopefully the other half in Ravencoin. $RVN is Bitcoin 3.0
Which means they did not need the money. What a waste of tax payer money to enrich others.
dow futures cascade 9000
buy $GME 🚀🚀
dow futures cascade crash 9000
wrong spending their entire checks on $gme and $amc another form of social activism
If this isn't a top, I don't know what is.
The best financial advice you can ever get would be to do the opposite of what you see on CNBC. Pure propaganda station. Hedge funds tell them what stocks to pump up or devalue. It’s obvious if you watch even a few minutes of the dog&$!
Ah Deutsche Bank, the most trustworthy institution ever to grace God's green earth.
Nothing wrong with investing in your future. And most “retail investors” are not GameStop fanatics employing options. Most of them are probably realizing now the S&P grows far quicker than wage growth does. Took them long enough. Even mutual funds still make a fair profit.
Another beauty from the hedge fund protecters. Dusche bank surveys a few retail investors and cnbc creates headline to make people think stimulus will only be used for stocks when the majority of people are really hurting. CNBC, you are trash!
StockTips Stocks StockMarket
Your better buying Bitcoin
Stonks $SFOR is a great place to start
Bitcoin for the other half
I will spend 100% and add to my stack
AudiKomodo Other half on weed.
They’re one step closer but not there yet
Thats what like 3 $GME those lucky bastards
*Cough crypto 😉😂
Awesome
Me too!
interesting investment policy, albeit a risky one.
Hope clever choices 😊
Admirable in any other context. Natural result of poorly targeted policy.
Put it in bitcoin and check back in a few years
Crypto will find you better gains.
So this stimulus check is going to be used to stimulate the stock market. 🤔
Who cares what people do with their money?
Well the . Bitcoin is going up.
Bitcoin
Pump my bags.
Well that’s great for the Dow Jones Casino
Stocks instead of bitcoin 🙈
They should be first looking to create a rainy day fund so they can pay for any unforeseen expenses down the road. Unfortunately the brains like JanetYellen at the federalreserve destroyed the notion of saving and pushed everyone into the stock market to preserve any wealth.
If they keep tanking, I may spend all of the stimulus on stocks
$GME baby!
How needy is this?
Don't you feel ashamed to post such nonshit? Survey only surveyed 'retail investors'. This is so wrong news. Dont you feel ashamed?
Hell yes. Those socialist kids have some sense
Don't worry they won't being doing it again after this pull back lol
And still republicans are bitching about it!
good
It appears more like pr so the rich guys can get piece of the pie too but who knows
Stimulus money being used to buy GME 🚀🚀
I'm calling BS. If they surveyed me, I'd tell them I plan to eat better, lose weight, get more exercise, learn a new language, etc. But I'm just gonna lay on the couch and play video games. The survey is worthless.
$GME AND $AMC TO THE MOON!!!🚀🚀🚀 stoolpresidente TimJDillon
Why not go based on 2020 alone? I don’t qualify for anything based on 2019 but would be getting $4,200 based on 2020 when my wife lost her job and we made much less after the pandemic. Government sucks!!
Great mind set!
That is just stupid. Young people are just stupid. I should know. I was young at one time too.
What people say in a focus group or survey that they're going to do, and what they actually do, are very different... especially when it comes to money.
Bank savings rate less than 1%. CNBC talks about earnings, not a care for the young. Mind your business CNBC.
buy stocks with stim money, I thought only 'rich' ppl where greedy
these young kids dont know what the f they are doing, the only ones getting rich are the professional traders who will eat their lunch!
I thought they were all starving... my bad!
You know it baby 😎
2 people make the same exact amount of money in 2019 & 2020. One gets a stimulus relief check, the other doesn't, simply based on when 2020 taxes are filed? What a rediculous system. Pick an Income level and tax year where people in the exact same situation get same stimulus...
U mean doge? 🤣
Crypto 👍
Good thing we're borrowing money from China so people can gamble. Money well spent. Another sign of the end of the American empire. Moronic dopey bullshit everywhere.
You are not only having a lend of us but now you are just making shit up!
The people who most need it have bills to pay and bellies to feed. Deutsche bank (like JPM and HSBC) has made a living off of growing the divide between rich and poor.
They should totally be putting it in a savings account at 0.02% APY as a hedge against the 2%+ inflation target. That would be a much better move. 😑
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So that tell me those checks are not needed
BRRRR
nah buy bitcoin
You mean on crypto btc
Do we trust the information from a bank that is under investigation
The survey only included 430 retail investors? LMAO yeah that’s why. Not a repersentive sample of what the majority of young people are doing.
A 'study'
I'd say dumb money has entered the game but lets face it... They probably wont spent a penny on stocks once they see that cash in their account... Just some survey.
Just adding to my retirement fund with the stimulus checks.
Investing mine in both stocks and bitcoin
grasping at straws to continue the PUMP!
It just means the stimulus checks are not being targeted to people who need it. Hey government, stop throwing away our future!
Gee I hope that's a stock photo, nobody wearing a mask.
Rookie numbers
Well if you refuse to raise the minimum wage, forgive student loans and reduce inflation....what the hell did you expect? Last time around NUMEROUS young people turned that paltry 600$ into 9k So spare the hand wringing.
And the Elite in the W.H. want 16 year olds to vote.. Hello. HMM. I wonder way.🤔 give them something for their vote. Maybe. 😉
Lol nope
Many might be paying their student loans, the ones which has been pending for many months. Not sure if they will have any left after paying to the banks.
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Half? 🤣 Try, 'All.'
They should pump my bags not theirs
You spelt cryptocurrency wrong
Thats insane. Anyway, pump it! It is helicopter money at the end of the day.
It’s because under dem leadership they are quickly realizing they wont have a dime in 10 years.
If this survey is even remotely accurate it shows how unnecessary and poorly targeted the gov’t stimulus is. Causing massive inflation for some personal discretionary spending
'If you don't do wild things while you're young, You'll have nothing to smile about when you're old' The quote fits the above article 😃 😅 HailAmerica StimulusCheck
There's a sucker born every minute.
Still better the drugs 🤷🏾♂️
Investing/saving is a bad thing now?
GameStop is only stock worth investing in until Citadel has a 0 in their bank account
lol
TO THE MOON.
What do you mean half? $1400 + $1400(margin) That's 200% Learn to math.
Guilty. Lol
Yeah right, maybe $gme or penny stocks but not going to buy 2 shares of something hoping to making $20
Thank goodness we pushed out these emergency funds to people suffering during a pandemic.
Stonks!
.RampCapitalLLC
Please do the research first, look into index fund before Robinhood!
Stocks tend to have a higher ROI than marriage and children.
Corporations have used government subsidies (tax cuts etc..) to buy back their stocks. Where was the survey on that? What's the obsession with what young and poor people do with theirs?
1 $1200 stimulus check if invested in Bitcoin now is worth BTC Bitcoin
That's the reason why Govt should focus on building assets, short term projects, implementing new software which will incentivize people to work, invest into expansion, hiring ppl, awarding contracts etc. giving checks would naturally land up in stocks, Gold etc.
Did they really need a stimulus then? 🤷🏻♂️
.....but prolly crypto tbh
On bitcoin to protect future wealth HODL or HFSP
You mean litecoin
No. They buy Bitcoin.
The very same Deutsche Bank who loaned Trump 470 million?
Bullshit.....
That’s will be equal to .01% increase in the SP.
Suckers!!!
NAH. It's coming straight to crypto
I think you meant Bitcoin
Sometimes I wonder which cluster of people CNBC has interviewed besides the hypothetical ones clearly, because most young people will just use it to pay rent.
At least they exploring good things online
Good for them
Idiots giving their $ to the very people that they’re allegedly against..wall st.
$RBLX anyone?
That’ll PISS OFF the GOP !! they want Biden’s plan to Fail !!! The economy is GOING to be good !!
You mean on BTC
Be smart, buy Bitcoin
I spent the 1st 1200$ on Peleton stock last year. Now i can afford a real race bike. $$$.
here we go! ToTheMoon
Bitcoin
Glad it’s going to A good cause! LOL!!
Exciting news for young people... also may mean that there are inflated prices on the market...
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WallStreet 'advisers' and mass media: CNBC, Bloomberg have to be very proud for luring clueless retail 'investors' into the biggest StockMarket BUBBLE in history! This is what they are paid for by big corporations - turning retail investors into bagholders!
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on crypto*
Ok, so how’s this good for the economy in the short-term? It’s good for stock prices for a brief moment, but, this also means that 1/2 of that money will now be tied up in investments, and not being spent in the stores they are investing in. See the problem?
Young poeple? Stocks? Ummm I think you meant $btc and $eth
100% into bitcoin or you are doing it wrong.
I love this stock! $GME GME 💎🤲🚀🚀🚀🚀🚀🚀🚀😉
1. It’s good they want to save. 2. This is not what the money is supposed to be for - this would indicate the money isn’t going to the correct audience
CNBC: Young people should invest *Young people invest* CNBC: No, not like that!
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South Park nails it again.
I trust they will be buying $XOM and $K?
The majority of Americans are in a better place financially than before the pandemic, so yeah most of us will throw our check in the stock market.
For those confused: Bank Savings Account: 0.01% SPY Dividend Average Dividend Rate: 3.2% Average SPY Index returns: 10% This is not a hard concept people. The plebs have figured out the game.
Fake story trying to get more traders to buy
This is going to be such a waste of money
Me gold chain
Good for them!! Invest! One study reported by Financial Times showed that if someone invested the money it cost to buy a new iPhone, that amount of money could turn into over $200,000 in 30 years.
Bad omen.
CryptoMatrix2
They say March was the largest transfer of wealth in history This time the stimulus $ will go from US Taxpayers to the US Govt - to Millennials into the stock market then back to Pros who will vacuum up all the stimulus dumb money. Its gonna a be ugly. Ive got my popcorn out
bitcoin not stocks.
They definitely have the herd mentality. Using 50% of their stimulus won't buy much.
I’ill buy 2 $tesla shares
How many are buying stocks who’s balance sheet is in the negative?
🍰
If you wish it hard enough, maybe it will come true!
Good
And who said schools were closed? Mr. Musk is teaching these kids valuable life lessons.
Not much you can buy stocks on $1400
Oh, they gonna learn. Maybe not today or tomorrow but they gonna learn.
The stupid is intergenerational.
They have no idea what they are doing and will lose all of the money.
The smart ones are buying Bitcoin
I already blew my first check on the stock market and guess what. It’s not gaining money, even my bond is somehow losing value! What, The, ACTUAL FUCK WallStreet No, Thanks, but no thanks. I will not be blowing my second check on the glorified casino that is Wall Street!
Partly explains why market is looking frothy at the moment!
$tsla
1. tsla 2. doge
A fresh batch of dumb money to enrich the smart money. A new generation of greater fools that have to learn the hard way.
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other half in Bitcoin would be smart
The other half on weed
Biden took my stimulus away and I would’ve blown it on my local economy like it’s meant smh. SAD
'Targeted' stimulus...
Wow. They’re all going to lose money
Why are college kids getting stimulus checks if they were not working anyways?
Why not!
They wish 😁
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