As markets sank into the first 10% correction in two years, millennial investors were hardly frightened and, in fact, were more enthralled by the drama than their older peers. A survey by Bankrate.com showed 19% of those aged 18 to 37 reported "feelings of excitement" during the sell-off, compared with 8% for Generation X and 4% for Baby Boomers. "If you’re a long-term investor you want to be able to buy low and millennials had a chance to add to their retirement accounts at a lower price," Bankrate.com analyst Taylor Tepper said. "In that sense it’s very exciting." Indeed, more than a quarter of millennial investors said they added to their stock holdings during the correction, outpacing the other demographics, according to the survey, which was conducted from February 28 to March 1 2018. It questioned 2,287 adults in the US, 1,063 of whom said they had an investment account. Millennials were the least likely group to have an account, with just 30% of those questioned saying that t...
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