Inside the mind of the older investor

As pop culture portrays it, getting older means growing more conservative - in dress, politics and tolerance. In investing, the popular image is that of the little old man or woman living off dividends, bonds and CDs. And the advice of the financial planning industry for the most part has reinforced that idea - you can't afford a loss, so be conservative.

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[Source: Financial news of the day - CNNMoney.com]