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RJ & Makay

Our view of news, events and human capital trends in the financial services industry.
Tags >> Great Recession of 2008

Young investors are cautious after repeated disappointments

Posted by RJ and Makay on Aug 10, 2011

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Young people may be losing hope that investing can make them wealthy.  Many individuals with more than $250,000 in investable assets are worried that they may not be able to save enough to sustain themselves for the rest of their lives, according to a new Merrill Lynch quarterly survey.  Survey recipients cited economic weakness, roller coaster markets, rising health care costs and college costs as the main reasons behind their worries.