OK boomer, says Fidelity, stop piling into risky stocks in case the market tanks

Chip Somodevilla/Getty Images Fidelity Investments says that baby boomers are over invested in stocks and exposing themselves to potential market declines. More than one-third of boomers were investing more than 70% of their allocation in stocks, a risky position, it said. View Business Insider's homepage for more stories. Fidelity Investments says 55- to 75-year-old investors are over-investing in stocks. "While the market's performance over the last few years has had a positive effect on many ...