Finnish companies stand out on lists of Finnish favorite stocks. However, some investors may be bored by the weak development of the Helsinki Stock Exchange, when at the same time stock indices in the United States have risen sharply.
Kauppalehti found out the favorite stocks of different ages. It was revealed that older people still trust domestic stocks, but foreign stocks have started to interest the younger generation of investors.
Still OP: n customer data shows that even among people under the age of 25, only one foreign stock reaches the list of the ten most bought stocks: Nvidia. Among other things, it is more bought In this, Nordea and Commandment.
“Young people can afford to take more risks”
Stockbroker Nordnet on the lists of the most owned stocks, there is one stock in the top five of the under-25s, which is not found in the top positions of the lists of other age groups: Finnair.
The airline was a popular trading stock at the beginning of the corona era, when airline prices plummeted as flying decreased, says Nordnet’s country manager Suvi Tuppurainen. At the same time, young and beginner investors chose Finnair as one of their favorite shopping destinations.
“Young people can afford to take more risk, as the stock has been perceived to be,” Tuppurainen says of Finnair.
Once known as a folk stock Nokia on the other hand, there are still favorites of over 46-year-olds. The younger ones are no longer enthusiastic about the company.
How do you compare yourself to investors your age? Read the longer story and test Kauppalehti’s wealth machine here: Is your investment portfolio bigger than your peers? – Kauppalehti’s wealth machine tells