Millennial Money: How To Overcome Fear And Structure Your First 401(k)

They'll search Tinder for soul mates and dare to put their personal details all over social media, but as investors, young people are far too cautious. According to a recent UBS Wealth Management survey, millennials who are saving for retirement allocate an average of 52 percent of their portfolio to cash instead of stocks and bonds. That compares with just 23 percent for investors of other generations. They may have the longest time horizons of any other adult generation in the U.S., but millen...