The young and the riskless

Investors under age 35 are shunning stocks in stunning numbers. Their biggest risk: dying broke.

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Caroline Chesnutt
Caroline Chesnutt
Caroline Chesnutt, 30, lives in Nashville.
Portfolio : 80% cash, 20% stocks

Since the crash the once-enthusiastic investor has gone from trading several times a month to shunning the market.

"I've learned when you invest in stocks, you have no control over the outcome," says Chesnutt, a nurse, who now keeps most of her money in two savings accounts, yielding 1.75% and 0.35%.

Instead of stocks, she's decided to try to make money by investing in her own sideline business, an embroidered-napkin company called Literary Linens that she runs with her sister.

She says, "I want to be in control of my financial destiny."

NEXT: Shawn and Asma Lakhani
Last updated January 03 2011: 4:52 PM ET
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