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.
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