Millennials are seriously not into investing in the stock market. A study from Wells Fargo Asset Management found that 53% of 20-36-year-olds “would never be comfortable investing in the stock market” and about 20% never plan to own equities. And they could really use the financial boost. Forty-six percent say they have “significant debt” while a full 40% depend on their friends or family for financial support. They seem pretty positive about it, though: 62% say they’re happy, despite their financial woes. (FA, Barron’s)
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