“This distinction may point out that lower-income buyers want extra help with funding selections, together with sustaining common contributions and sticking to a buying and selling determination with out emotional affect,” the report mentioned.
“Decrease-income buyers most frequently select riskier methods like making an attempt to time the market,” the report added, noting that respondents making lower than $75,000 are likely to favor that technique as a substitute of dollar-cost averaging, whereas the overwhelming majority of respondents making greater than $150,000 privileged the extra cautious route.
