Utilize your financial knowledge, give your answer or opinion to the input question or subject . Answer format is not limited.

High-risk investing is better for the young? Why?
There's two reasons. One is that you have a longer time horizon, other answers cover that. The second is that for someone who is younger, most of their capital is human capital in terms of their future work output (and earnings). If you're 25 and your $20,000 portfolio gets wiped out, that's only a small amount of your total earnings. You still have 45 years in which to earn money (and invest it). If you're 65 and your $1,000,000 portfolio gets wiped out, you're in much bigger trouble. Note that this means that in certain circumstances, a younger investor would want to be more conservative. If you're 25, but got a million dollar settlement for an injury which means you can't work anymore, you want to be more conservative than your average 25-year-old. If you're 65, and just sold a business for which you get $1,000,000 in two years, you can be more aggressive with your currently invest-able portfolio.