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.
Older people have a lot more patience to invest they are less prone to emotions they are more confident in real life, so they are very careful about investing but young people are very emotional they can't do anything with patience they lose everything by gaining more quickly young people are never able to take high risk.