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#10
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For one of the gen x er that reawakened back in 2020 after a long hiatus, I would add it is a lot more fun to look at cards/photos etc. vs Johnson and Johnson stock prices to justify the concept of diversification. I am not saying people went in as an investment, but the idea of alternative assets is a real thing now (like art, cars, investing in companies, real estate). To combine a great hobby together kept people in. That said, being smart about % and readjusting is important and frankly utility is also valuable if you have that mindset.
In addition, adding new relationships is also just as valuable at certain age groups, common interests in this non-social online world.
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