Millennial Investing – Helping Millennials with all their finances. Get a game plan to invest in your future so you can retire they way you want to.
Investing has never been easier. Today, there are more than 200 robo-advisors in the U.S. From platforms that invest “rounded up” purchase amounts on your behalf to applications that offer unlimited stock trading right from your phone. What was once reserved for only the rich is now accessible to everyone. But as the saying goes,[…]
In finance, the term “generational buying opportunity” (or GBO, for short) is used to describe when asset prices have dropped so dramatically that it’s highly unlikely one will ever see them that low again. Hence it happening “once in a generation.” For some investors, even whispering this term makes the tiny hairs on the back[…]
For those unfamiliar with what a mutual fund wholesaler is, allow me to provide a brief explanation. Asset management companies, who manufacture mutual funds and other investment related products, employ legions of wholesalers to go out in to their geographic territories to educate investment professionals, like me, in hopes that they will sell their products[…]
What’s your earliest memory? Mine is visiting my grandparents in New York. I must have been about four or five at the time. It’s all very hazy, but I vaguely remember rooms with those wooden paneled walls, eating Corn Flakes for breakfast, trying Juicy Fruit gum for the first time and these little animal stampers[…]
During an interview with a reporter last week, I was asked what I thought was the easiest investment concept to explain. It was a fantastic question that momentarily put me on my heels. I knew there was no single right answer, but I began racing for one while I ran downstairs to grab a cup[…]
While reading about Bitcoin’s most recent plunge, I stumbled across a blog post from Charlie Bilello titled “Big Winners and Big Drawdowns”. In it, Charlie examined the massive, stomach emptying drawdowns experienced by shareholders of Apple, Amazon, Microsoft and Alphabet at various times throughout the last two decades. I heard that Amazon’s -94% dot-com bubble drawdown[…]
They say socially responsible investing (SRI) and Millennials go together like participation and trophies. According to a 2018 Harvard Kennedy School study titled “Money, Millennials and Human Rights”, SRI is getting a boost from Gen Y’s demand to establish a greater link between their money and their values. This increased demand, coupled with an alleged[…]
So, what’s your favorite story from the recession? Mine is when former Lehman Bros. CEO, Dick Fuld, got punched in the face at the gym. I still can’t believe someone did what everyone on Main Street was thinking. Did it put dollars back in the pockets of those who lost it all, or prevent the[…]
If you’ve proven that you have earned the right to invest by identifying, quantifying and prioritizing your goals, mastering cash flow and establishing a cash reserve then we can talk investments. If you haven’t then check out our Get #FinLit page. Have you taken care of those things? Good, now we can talk investing. When[…]
We talk a lot on the blog about earning the right to invest because some Millennials still need to work on setting goals, mastering cash flow and establishing a cash reserve. However, many Millennials are ready to invest. If you are one of those Millennials, high five! If you still need to work on the[…]