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 also hold equities.
What’s behind the persistent level of equity tolerance across generations? The researchers studied data on a unique adoption...
Login required to continue reading.
Setup a free account to get access to this article (no credit card required).
View Full Article
