Host Of The Savvy Investor Show, Michael Canet, Says Millennials’ Mistrust Of The Stock Market May Hurt Their Retirement
Michael Canet is a financial planner, estate planning attorney and host of The Savvy Investor TV and Radio Show, where he and Savvy Investor guests help listeners create, grow, and preserve their wealth. In this article, Canet discusses the pitfalls of investing too conservatively at a young age.
Glen Burnie, MD – June 19, 2014 – Estate planning attorney and host of The Savvy Investor TV and radio show, Michael Canet, recently published an article on The Savvy Investor website on the dangers of too-conservative investments among Millennials. In the article, “Millennials Mistrust of the Stock Market May Hinder Their Retirement Savings,” Canet says this generation needs to be aware of the risks inherent to never taking risks.
Canet writes, “Compounding and long-term growth potential of investments could benefit this generation greatly over the next few decades. But it’s not just opportunity cost that stands to slowly drain Millennial bank accounts – it’s also inflation, combined with a false sense of security.”
The entire article can be found at http://www.thesavvyinvestortv.com/articles/millennials-mistrust-of-the-stock-market-may-hinder-their-retirement-savings.php
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