Easy money? Gen Z invest online to beat coronavirus woes

Frustrated by lockdowns and dwindling work opportunities, many people in Gen Z are trying their luck on the stock market using fee-free, simple-to-use brokerage apps like Robinhood that offer amateurs unprecedented access to trade. — Reuters

SEOUL: Juggling homework, friends and his personal YouTube channel, 12-year-old Kwon Joon is often too busy to check on his investments – not that the South Korean schoolboy is too concerned.

With impressive returns of 42% since he began dabbling in the stock market last year, Kwon believes online trading can safeguard his financial future, in a world made increasingly insecure by the economic fallout from Covid-19.