"Millennials seem to be permanently-scarred by the 2008 financial crisis."
Emily Pachuta, head of investor insights for UBS Wealth Management America. |
Summary: For many Millennials (people ages 21 to 36), their experience with the markets has been volatility and crashes; they’ve also dealt with job security issues. That would explain whey they tend to me more conservative investors. According to the latest UBS Investor Watch report, Millennials are also more likely to describe themselves as conservative, similar to the WWII generation.
"Millennials seem to be permanently-scarred by the 2008 financial crisis."
Emily Pachuta, head of investor insights for UBS Wealth Management America. |
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