According to trader and analyst Peter Brandt, the most promising areas for investment are real estate and innovative projects.
He expressed his point of view on Twitter and appealed to the young generation with an appeal to buy bitcoins. Besides, the expert believes that the so-called generation of millennials should focus on investments in technology companies and real estate.
Peter Brandt commented on the statement of Asian market specialist Arin Nguyen with his post on the social network.
I will give you the same advice I give my X Gen children and M Gen nephews and nieces— Peter Brandt (@PeterLBrandt) June 19, 2020
Buy a home -- any home, but get into the housing market
Work two jobs if you need to
Invest 10% of what you can afford in BTC
Invest monthly in quality tech and value stock ETFs
She drew attention to the fact that representatives of the older generation of millennials (aged 39) bought up only 3% of the world's wealth. Representatives of previous generations at the same age already owned 21% of the wealth.
Brandt also advises young people not to seek happiness in the XRP altcoin, which he does not trust. Earlier, the analyst periodically stated that this digital asset is very doubtful and does not have real market prospects.
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In February, Brandt predicted a drop in XRP of about 25% to $0.20. The altcoin is currently trading below this psychological mark ($0.18). XRP capitalization dropped to $ 8.403 billion.