
The stock markets have beaten millennial investors like a pinata – is all this pain worth it?
Back in 2008, the stock markets welcomed young investors of the millennial generation with a peak-to-trough decline of close to 50 per cent. Lessons about the downside of stocks came regularly after that. The S&P/TSX composite index lost money in 2011, 2015, 2018 and 2022. Obscured by a quick rebound was the 37-per-cent peak-to-trough fall…