“Coming
of age during the financial crisis has made Millennials fearful of the stock
market. Just 27 percent of 18- to
29-year olds said they currently own stocks or shares in mutual funds, down
from 33 percent in 2008.
Twenty-somethings with more than 50,000 in investible assets reported
keeping more than half of their funds in cash.
Among investors aged 30 to 49, 67 percent own stocks, up from 58 percent
in 2013.” [The Week, May 30]
