The stock market as an asset class has performed extraordinarily well over long periods of time. A lot of baby boomer assets will be transferred to younger generations, so it's something most investors aren't aware of. The style of investing you choose is important. Most importantly, when you're looking at a fund, keep an eye on the cost. A mutual fund's expense ratio, that is.
People spend more time reading a menu than a mutual fund prospectus.
They don't know the manager or style and fees they're paying. This leads me to low-cost options, from companies like Vanguard, Muhlenkamp, which also accepts lower minimums, and remember, half a percent over 10 years is thousands of dollars. I'm going to go ahead and do it myself to manage money for young people. I hope it will be a burgeoning business, and I'll be happy and rich in 10 years. I'm sorry, but we're out of time.