What may be surprising about this headline is not that young people, generally speaking, should have an aggressive risk profile, it's that I'm including Generation Z.

Gen-Z, the more commonly used term, includes people born just at the turn of the century and after. They're about to enter the workforce and invest in retirement accounts. They're right behind the millennial generation and will look similar in many ways, except that they are truly digital natives - born AFTER mass adoption of the internet. I think you'll start hearing a lot more about this group, which includes my three kids. It's time to start factoring this generation into the economic forecasts just like the millennials have been for the last 20 years. By the way, below is a link to an article I wrote for CNBC about how the first wave of millennials is about to turn 40.

So, to answer the question, should young people invest aggressively? For retirement funds, absolutely yes. They have plenty of years ahead of them to ride out the ups and downs of the stock market. It may go without say, but I am NOT including emergency funds and funds that may be needed within the next few years, such as a down payment on a home.

Share this with the young person in your life. He or she is welcome to call me for more information.

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