It’s no secret that up to now young consumers have been wary of investments and taking many financial risks, but experts believe they’ll get over their stock phobia. A survey found that 75% of top investing professionals believe Americans in their 20s and 30s will begin to “take on more financial risk” as the realization that Social Security will not take care of them sets in. One advises, “Give them time—after all, they will all probably live to be 120 years old, thanks to modern medicine. What's the rush?”
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