“Unprecedented level”… The insane success of the stock market among young people cannot be denied

40% of new stock market investors are under the age of 35. “Record level” according to the Financial Markets Authority (AMF), which welcomes “the arrival of a new generation of savers in the stock market”.

In a press release published this Thursday, July 27, the Financial Markets Authority (AMF) announced that approximately 515,000 individuals bought shares in the second quarter of 2023, including 45,000 people who had not done so since 2018. In the period 2019-2023 , nearly 1.5 million new investors made their first stock market transactions.

More and more young investors

Of the 95,500 new individual equity investors in the first half of 2023, 38.5% are under 35 years old AND 14.1% from them, under 25 (53,000 people compared to just under 13,000 in the first half of 2019). “Record level” according to the AMF: for the whole of 2019 they represented only 12% and in 2020 28%. In June 2023 alone, the share of under-35s rose to 17.4%, “the highest level recorded by the AMF since it had detailed data”.

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“AMF will continue its educational activities to help shareholders, especially newcomers regardless of their age, acquire the culture of the stock market in the long term,” explained AMF President Marie-Anne Barbat-Layani.

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Now 20% of all direct shareholders are under the age of 35: “a level never seen since the study’s existence and twice as high as in 2015”. The proportion of under-25s has more than tripled in eight years to 11.2%, “exceeding the proportion of 25-34-year-olds (8.1%)”. On the other hand, the holding rate fell by 7.7% for investors over 45 years of age.

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