what's gen x so scared of ? stocks

Interesting ... Probably same in Australia ?

"What's got the post-Boomer generation so jittery ? Since entering the workforce in the late 1980s, members of Gen X have experienced several intense financial booms and busts, leaving them more wary of the markets than their parents, who lived through the 27-year bull market from 1982 to 1999. The tech bubble burst, home prices dropped, oil prices spiked, and the markets crashed again, says Jim Heitman, a financial adviser with Compass Financial Planning in Alta Loma, Calif. "They don't have a lot of faith that the economy will grow."

http://www.smartmoney.com/investing/stocks/whats-gen-x-so-scared-of-stocks-1304535543708/#ixzz1LWHAulkJ