52% of Gen Z is swapping stocks for sports bets.
We get it, watching an index fund tick up 1% isn't giving you a dopamine hit at 9 PM on a Thursday.
But sportsbooks are built on a house edge. The longer you play, the more the math works against you.
Investing is the opposite. The longer you stay in the market, the more compound interest works for you.
Fund the multiplier, not the bookie.
Gen Z is moving money from stocks to sports betting in wealth plans, 52% of them have redirected inv funds to sports betting and quarter of them treat sports betting as a deliberate part of their long-term financial plan, according to survey from Betterment. Wow.