Wealthy, young Americans are opting out of investing in stocks

[Ashley Kehr]

Bank of America did a study based on individuals with at least $3 million in assets. They were split into two groups by age. 

Over age 43 has 55% of their assets invested in stocks. 

Age 21 to 43 has only 25% of their assets invested in stocks. This is because they are diversifying in other assets such as gold, real estate, crypto, artwork, and private equity investing. 

Here is the full article:

https://moneywise.com/investing/alternative-investments/rich...

I am curious how your assets are allocated? Personally, I am heavy on real estate, then stocks, then lean on private equity.