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Millennials are playing it safe, and that makes them bad investors

3 pointsby hodgesmralmost 11 years ago

2 comments

Jmoultrupalmost 11 years ago
The last two paragraphs sum it up pretty damn well. I don't trust my money in any investor's hands right now, especially after witnessing my parents lose almost everything, so it will take me some time to re-invest in the market. I also believe a lot of Millennials are looking at their current cost of living, student loans, and low paying jobs to be another issue.
angersockalmost 11 years ago
I can&#x27;t vouch for anyone else, but I&#x27;ve invested my time and energy in a few different business ideas, one of which might pan out, two of which haven&#x27;t.<p>If you&#x27;re doing that sort of thing, having liquid funds and cash is a hell of a lot more useful than pieces of paper that might suddenly go up in smoke when you need them.<p>I&#x27;m not claiming it is ideal, but it does explain some things.<p>Also, there&#x27;s not really a compelling vision of the future to invest in right now, right? Everything&#x27;s ruined forever, and getting worse--or so it seems.