Risk-averse young investors ignoring booming equity markets
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EL PASO – When Candace Olivas gets home after work she drops her bag full of nursing textbooks and right away turns on the TV, flips through the channels, and turns up the volume as news about the Dow Jones Industrial Average, NASDAQ and S&P; 500 blasts through her apartment. Numbers from the day’s stock market trading session shine from the screen onto her intense eyes. Olivas, 22, is not a stockbroker, but a young American stock market investor. “I always felt that only way to gain wealth in today’s world is either starting your own business and making it big or investing in the stock market,” Olivas said. Olivas, who recently graduated with honors from the University of Texas at El Paso nursing program, is one of the few young Americans investing in the stock market.