Stock ownership among Americans hits highest level
in 15 years, poll finds
https://finance.yahoo.com/news/stock-ownership-among-americans-hits-highest-level-in-15-years-poll-finds-201814203.html
“Baby boomers heading into retirement have had a wonderful experience owning stocks, not just for the past 10 to 15 years but in the 1980s and 1990s as well,” Benz said. “Anecdotally, it's very difficult to convince older adults to de-risk their portfolios as retirement approaches. Suggesting that they lighten up on stocks is like asking them to part with their prized possessions.”
https://finance.yahoo.com/news/stock-ownership-among-americans-hits-highest-level-in-15-years-poll-finds-201814203.html
“Baby boomers heading into retirement have had a wonderful experience owning stocks, not just for the past 10 to 15 years but in the 1980s and 1990s as well,” Benz said. “Anecdotally, it's very difficult to convince older adults to de-risk their portfolios as retirement approaches. Suggesting that they lighten up on stocks is like asking them to part with their prized possessions.”