Millennials aren’t just risk averse, they are the most risk averse generation since The Great Depression. Based on what has taken place over the past two decades if you put yourself in their shoes, can you blame them? And look at what’s taking place right now. We have a stock market that is based more on Federal Reserve action than the actual economy. Additionally, interest rates have been at record lows for years, which has fueled debt and speculation. U.S. stocks might be the “only place to put your money” right now, but in the early- to mid-2000s, real estate was the ideal investment because “they weren’t building anymore land.” These types of arguments are dangerous because when people begin to believe them, it leads to prices being pushed much higher than actual values.