Millennials Are Becoming Financial Neanderthals

Millennials Are Becoming Financial Neanderthals
HBO

All age groups are investing less in stocks since the 2008 recession. But for millennials, the youngest group — who have most of their working lives left ahead of them, and can therefore afford to take the most risk — the fall has been particularly precipitous.

Just 27 percent of 18- to 29-year-olds reported owning shares in individual companies or as part of a fund, down from 33 percent in April 2008, according to the latest Gallup poll on the matter.

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