Meet the risk-averse generation

They're young, affluent, and highly conservative … meet the Millennials.

Millennials, contrary to public opinion, are prudishly conservative investors, not the “lazy, entitled narcissists” of lore.

But they sure could learn a thing or two from their elders about investing. Though some of the Millennials surveyed, aged 21 to 36, are not quite multi-millionaires themselves, if they ever hope to be, they had better become more tolerant of risk. Millennials, also known as Generation Ys, are loosely defined as those born from the early 1980s to the early 2000s.

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