SoFi CEO Talks Investing Habits of Millennials on Mad Money

SoFi CEO Anthony Noto was interviewed by Jim Cramer on CNBC’s Mad Money yesterday where he talked about the investing habits of millennials; many young investors like to invest in individual stocks that cost under $10 seeing them as less expensive; Noto said this is why SoFi launched free ETFs so young investors could get broad exposure to the market; but they are also interested in investing in names they know and understand so SoFi launched their new gig economy ETF; early investors in SoFi Invest don’t want to put a lot of money at risk. Source.

  • Peter Renton

    Peter Renton is the chairman and co-founder of Fintech Nexus, the world’s largest digital media company focused on fintech. Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series.