Young investors are cautious after repeated disappointmentsPosted 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.
Great Recession of 2008









