Old vs new investments

A few days back, I read an X post that made the point that younger people are much more attuned to trying out new, innovative investment options than older people. Going by the likes and reposts, the post attained impressive approval amongst its audience. Nothing is surprising in this. Some (perhaps many, or even most people) people are attracted to the idea of anything new. In his book 'Antifragile', Nassim Nicholas Taleb has called this 'neomania'. Over the last few hundred years, the world has seen many new and wonderful things. However, neomania sufferers assume that the reverse is also true. Not wanting change or trying something new is supposed to be a bad thing in these times, but I would say that as far as investing goes, people who are suspicious of new things are likely to do much better. Suggested read: Let's be boring The curious thing about the discussion was the actual division of old vs new investments. Predictably, fixed deposits, gold and real estate were classified as old. However, mutual funds, crypt