Children's Investment Behavior - Parents, Beware by Anne Maggisano, Burgundy Blog
Parents, Beware: Your Children Will Invest Like You Do.”
This headline caught my attention in The Wall Street Journal last week. In all my studies, I have never come across any research that demonstrated a link between the investing behaviors of parents and children, until now.
The author of the article highlights a July 2015 paper, “On the Origins of Risk-Taking.” Here, the researchers take as their starting point the observation that parents who hold equities (“riskier” financial portfolios) are more likely to have children who...
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