Only young and naive guy believe in high risk high return
No way! There are more older people who believe in high-risk high-return investment. Most young people nowadays are more financial literate and more careful in their investment. With technology, young generations able to invest in calculated risk.
This is something I agree with! I believe that this generation is mostly financial literate because they are aware of it through the internet; however, those older guys that I know who have little knowledge of this are the ones who are getting scammed by high risk returns; yes, they can manage money, but when it comes to a high return on their investment, they are more likely to invest than the younger once since they are researching and finding peoples testimonials about it.