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Gen Y investors are just saying 'no' to stocks

The standard advice from financial advisors to 20-somethings is to invest as much as they can in stocks-regardless of periodic market swings, however wild, like those seen over the past few days-and watch long-term compounding do its magic for the next 40-plus years. But millennials, the 80-million-strong generation born between 1980 and 2000, don't seem to be getting the message. A slew of ...
Source: CNBC.com | By: Ilana Polyak, special to CNBC.com