April 10, 2014

WHICH IS WHY SCHOOLS SHOULD TEACH PERSONAL FINANCE INSTEAD OF ECONOMICS:

Young investors are hoarding cash (Ryan Derousseau, April 9, 2014, CNN Money)

According to investment adviser UBS, people in their early to mid-thirties with at least $100,000 to invest keep 42% of their money in cash. [...]

For young investors, though, these numbers put that risk in perspective: Over periods of 30 years, stocks have never lost money and outperformed cash-like short-term Treasuries by an annualized average of 7 percentage points.



Posted by at April 10, 2014 5:17 AM
  
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