For the 18 to 34 year olds, 52% considered themselves having a low tolerance for risk, almost as much as the 55% of 65 year olds and up who said the same.
"The oldest generation is likely to have a low risk tolerance because they are often retired," LaMothe said. "But we're seeing the youngest generation have the same risk tolerance because they've never seen good times in the market, so they are more risk averse than other generations."
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