Download The Millennial Advantage: How Millennials Can (and Must) Be the Next Great Generation of Investors AudioBook Free
Jason Kirsch has very good news and bad media. The bad media is that the 2008 financial meltdown dealt a severe blow not merely to our market, but also to the financial health and readiness of many People in the usa. Nest eggs and home worth plummeted in value. Millennials just getting started entered the tightest job market in years. The market has since recovered, however, not as robustly as we would all like. The middle category is shrinking, inequality keeps growing, and we can no longer count on interpersonal security and pensions to invest in a secure retirement life. The glad tidings are that young investors, millennials especially, are in a terrific position to be smart and savvy investors - at a time when (more than any previous generation) they can and must take responsibility because of their long-term financial health. They will be the most educated generation in history; they can be more disciplined fiscally than they get credit for; and they are skeptical of classic wisdom at a time when the options for being an unbiased investor have never been greater. Targeted at the young trader, but with a wealth of helpful insights for investors of all age range, The Millennial Gain cuts through the noise and cliché of classic wisdom and presents a clear-eyed picture of:
- How market segments work (hint: not necessarily rationally)
- What risk is, and is not
- How diversification is important, however, not a guarantee of success
- How to avoid costly mistakes at the very top and bottom of market cycles
- How to put together a portfolio that works for you as well as your life goals
