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Why Do Millennials Prefer Cash to Investing Money?

The Wall Street Journal
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July 30, 2014 AT 9:33 AM
In the last year, the S 500 delivered 17% and cash investments delivered 1%. Which would you rather have? In a Bankrate study, millennials said they'd rather have the cash. The Mutual Fund Store's Senior Vice President of Investments Andy Smith joins Simon Constable on the News Hub to discuss. Photo: Getty