I'm not a boomer. I am a market professional for whatever that's worth. Yes with age there does often come less risk tolerance. Money is a more serious thing when one is older with responsibilities, bigger dollars involved, and generally higher stakes for mistakes. But there is also some element of experience. I've worked as an investor since 2003. This year is the first time in my entire career you have really seen significant popular retail interest in individual stocks. The 2000 crash just wiped out that sentiment for 20 years. There are many things this time which are different. There are also many parts of the market which are eerily similar. If you are 32 today then you were 12 playing video games the last time a market reckoned with sentiments like "valuation doesn't matter." Ancient history for the textbooks. Every generation needs to learn this lesson anew for itself by losing money. Someday then you can be the old fart telling youngsters that these speculative frenzies rarely end well.