Young Investors Hold Too Much Cash in Their Portfolios

Young Investors Hold Too Much Cash in Their Portfolios

A recent survey by MFS Investment Management, the nation’s oldest mutual fund company, found that young investors are staying away from the stock market and holding large cash positions. In fact, the survey shows that the youngest investors, those of Generation Y, are actually increasing their cash positions in their nest eggs while shunning the stock market to a large degree. While it can make young investors have a little better feeling when they try and simply protect their principle, far too many young investors have too much of their portfolio in cash. How Much Cash Is Too Much? The survey by MFS Investment Management found that Generation Y investors, which are defined as young adults who were born in … Read more