Chris Justham: Why the investment industry is failing

'This is actually a criticism of the investment industry. We are failing'

clock • 3 min read

Chris Justham explains why crypto has found a place in the hearts of Gen Z in a way that equities haven’t…

I was bowled over at this stat from the investment association: Cryptocurrencies are held by 46% of 18-24 year-olds… This is higher than the percentage of younger investors who hold a cash ISA (33%)". Based on my personal experience of overdrafts, credit card debt, student loans and a liberal approach to budgeting in my early 20s, I'll make a generalisation. These people are highly unlikely to have secured themselves with cash buffers or more vanilla (but essential) planning before taking a spin in the world magic internet money. Before I'm pilloried by devotees of crypto (I got ca...

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