Page 4 - November Newsletter

Whats your Money Generation?

grandparents, and many consider values when they invest.Mocked as the ‘avocado on toast
generation’,they’ve been hardest hit by student loans, facing high debt levels to pay off before they can buy
a house. Many are trying to buy a house when prices are at highest levels ever seen in New Zealand.

They’ve embraced KiwiSaver,which for many had started by the time they got their first job. They tend to be
DIY investors.

GENERATION Z
Born: 1995-2015 - Now aged roughly 4 to 24

Who knows what this cohort will be like? The oldest are already showing a love of entrepreneurship. After
all, in today’s world, starting your own blog or creating a re-selling business may be the best way to get a
job.
Technology, particularly social media, is something they’ve had since birth. They likely have liberal views,
and have grown up in an often more-accepting world. They are often more multi-cultural than previous
generations.
Social issues are important too and, as with Millennials, investing responsibly is gathering momentum.
They’re cynical, but committed to experiences and finding meaning, like the Millennials. The oldest are
likely to gravitate towards tech jobs and aspire to be their own bosses.

Written by Brenda Ward. JUNO Investing MAY 2019.
Trivia Answers:

1- The Moon
2- A Sword

3 - Daintree Forest north of Cairns
4- Jodie foster

5- Tulips
6- Peter Beardsley

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November Newsletter and

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