OK boomer, says Fidelity, stop piling into risky stocks in case the market tanks

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OK boomer, says Fidelity, stop piling into risky stocks in case the market tanks
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Fidelity Investments said in a report that boomers are exposed to unnecessary risk by over-investing in stocks.

Fidelity Investments says that baby boomers are over invested in stocks and exposing themselves to potential market declines. More than one-third of boomers were investing more than 70% of their allocation in stocks, a risky position, it said. View Business Insider's homepage for more stories. Fidelity Investments says 55- to 75-year-old investors are over-investing in stocks.

Fidelity Investments says that baby boomers are over invested in stocks and exposing themselves to potential market declines. More than one-third of boomers were investing more than 70% of their allocation in stocks, a risky position, it said. View Business Insider's homepage for more stories. Fidelity Investments says 55- to 75-year-old investors are over-investing in stocks.

 

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