business forward

Investors 2.0: How This Up-and-Coming Generation Aims to Close the Wealth Gap - Motley Fool

Many young people, inspired by the pandemic to pursue a better financial future, are taking on their first challenge: investing in the stock market.

During the COVID-19 pandemic, young Americans have been submerged into stressful financial situations and many are seeking better opportunities for themselves. From huge debt burdens to tough job searches, many members of Gen Z -- the most diverse generation in the U.S. -- are making strides to break free from economic hardship. 

Anyone learning about managing their finances has a wealth of online resources that provide education about how to make money, save money, and invest money. In fact, it can be overwhelming when thinking about where to start. So Jacqueline Howard, senior director of Wealth Advisors Operations at Ally Invest (NYSE:ALLY), hosted a month-long investing challenge that provided over 40 Black and Hispanic college students with a chance to learn stock market lessons, interact with global market simulations, and test their trading ability. Howard, along with Ally Invest President Lule Demmissie, discovered the bold and sometimes risky investment moves these students were willing to take in hopes of securing financial security and building wealth. 

Should you invest $1,000 in Ally Financial right now?

Before you consider Ally Financial, you'll want to hear this.

Our award-winning analyst team just revealed what they believe are the 10 best stocks for investors to buy right now... and Ally Financial wasn't one of them.

The online investing service they've run for nearly two decades, Motley Fool Stock Advisor, has beaten the stock market by over 4X.* And right now, they think there are 10 stocks that are better buys.

See the 10 stocks

*Stock Advisor returns as of August 9, 2021

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.

Ally is an advertising partner of The Ascent, a Motley Fool company. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

Motley Fool Premium Investing Services


Stock Advisor

Market-beating stocks from co-founders Tom David Gardner

Calculated by average return of all stock recommendations since inception of the service.

check mark

Two New Stock Picks Each Month

Our team’s latest stock recommendations delivered monthly

check mark

Best Buys Now

Our 10 timely buys chosen from over 300 stocks

check mark

Starter Stocks

Foundational stock recommendations for new and experienced investors

check mark

Community and Investing Resources

Gain access to educational materials and the world’s greatest community of investors to help you invest - better

Cumulative Growth of a $10,000 Investment in Stock Advisor

Calculated by Time-Weighted Return


All returns as of each newsletter's date of origin

Recommendation services investment return calculations