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Young millionaires are shifting portfolios away from stocks toward alternatives
A Bank of America survey found investors ages 21 to 43 hold 25% of assets in stocks, while 45% of wealthy young investors already own gold as a physical asset.
A Yahoo Finance analysis highlights a shift among rich, younger Americans toward investments outside the stock market, citing a Bank of America survey.
According to the survey, people aged 21 to 43 with at least $3 million in assets have 25% of their portfolios invested in stocks, compared with 55% for wealthy investors aged 44 and older, and 93% of wealthy young investors plan to increase allocations to alternatives in the coming years.
The article says gold is a major beneficiary of that interest, with 45% of wealthy young investors already owning gold as a physical asset and another 45% expressing interest in holding it. It also notes gold has been used as a hedge against inflation and market volatility, and that gold recently traded around $4,000 per ounce as of July 2026.
For readers considering gold exposure through retirement accounts, the piece points to Gold IRAs as a route to combine IRA tax advantages with holding physical gold or gold-related assets, while also noting that interest in such products is framed around protecting wealth amid uncertainty.
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