“Some of the older people, if they are more conservative, are going to look for dividend-paying stocks or dividend-paying mutual funds,” says Rosanne Rogé, managing director of R.W. Rogé & Co., a New York-based wealth management firm. “The younger people are going to be a little more aware of other things they can invest in, like ETFs or emerging-market funds, something that will give them a little more bang for the buck. They have so many more choices than the older folks did. Back then, it was basically all about blue chip stocks.”