Young Korean investors indulge in monthly dividend ETFs over crypto

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The story "Young Korean investors indulge in monthly dividend ETFs over crypto" was covered 3 hours ago by Korea Economic Daily, a news publisher based in South Korea.

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Young Korean investors indulge in monthly dividend ETFs over crypto - Korea Economic Daily

Quick Summary:

However, a wind of change is blowing as some young investors, who want to retire early to enjoy life with a stable income, are turning their sights toward dividend-type investment, analysts said.“Some young investors prefer a steady stream of income such as monthly dividends over making money quickly,” said Park Soo-min, head of the ETF product strategy team at Shinhan Asset Management Co.

On YouTube or other online investment communities, monthly dividend ETFs are hot among millennials and MZers, industry officials said.“Last year, many people my age showed interest in stocks seen rising rapidly over the short term, such as battery shares.

Despite the growing interest in monthly dividend-type ETFs among young investors, however, Analysts warned that they should use extra caution in their investment behavior.“There’s no free lunch in the investment industry.