More old Americans having their money in stocks (indexes)

Anyone seen these articles as of late?

https://www.wsj.com/articles/it-isnt-just-boomers-lots-of-older-americans-are-stock-obsessed-ca069e1a?st=jpjfkwt4pafk7tp&reflink=desktopwebshare_permalink

More and more boomers and oldies having nearly all their money in Vanguard stock indexes. Wonder why they're doing it lol. Is Gen Z doing the same?

2 Comments
 

They’re doing it because prior to the rate hikes bonds were paying dog shit. I can guarantee almost all Gen Z have their portfolios in equities (I am gen z, as are all my friends)

 

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