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
To learn more about The Savvy Investor, please visit http://www.thesavvyinvestortv.com/
About Michael Canet:
Michael Canet is a financial planner and estate planning attorney specializing in family legacies and is a founding member of Prostatis Financial Advisors Group, LLC. Canet is the #1 Amazon best-selling author of Surviving the Perfect Storm: How to Create a Financial Plan That Will Withstand Any Crisis, and has been featured on The Wall Street Journal, Fox News, and USA Today. He is also host of the nationally syndicated television show, The Savvy Investor, and The Savvy Investor radio show on WCBM 680AM. His approach, both on and off The Savvy Investor shows, is distinguished by clear and concise answers that are accessible to the people who need to understand them most: retirees.
You can listen to The Savvy Investor live on WCBM Talk Radio AM 680. http://player.streamtheworld.com/liveplayer.php?callsign=WCBMAM&advisorid=3002375