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

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines