Fewer affluent investors now describe their attitude on investments as conservative, and that optimistic outlook has reached the 18 to 34 age set.
That is according to the latest results from Merrill Lynch's Affluent Insights Survey, which found that just 23% of affluent investors between ages 18 and 34 describe themselves as conservative investors today versus 52% who would have used those words to describe themselves two years ago. By comparison, 23% of investors between ages 35 to 50 now describe themselves as conservative versus 45% two years ago.
Register or login for access to this item and much more
All On Wall Street content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access