On any day, the stock market can go up or down. But in the long run, a young person cannot afford to ignore the chance to invest in company shares. The effect of compound interest, with an initial investment of $1,000 and 20% annual interest, compounded at various...
By Richard Hubbard The huge global investment industry is currently undergoing a radical transformation caused by the fairly recent discovery that millennials are very different from their baby boomer parents — and that they are about to inherit great wealth. As...
By Jonathan Sharp China’s millennials. There are more than 400 million of them but they are poorly understood internationally, particularly by their peers in the West. This lack of awareness is a concern, says American researcher Zak Dychtwald. That’s because these...
Are you worried millennials are doomed to financial inadequacy? That retirement is a pipe dream? Here’s a book with tough-love advice. Young people attend a seminar on investing, Brookline, Massachusetts, 8 January 2016 (AP Photo/The Christian Science Monitor,...
By Taise Parente I must admit, I’m a millennial cliché. I have never thought about retirement let alone plan for it, and I save money to travel and enjoy life. And guess what, I’m not the only one. Crazy, right? We know, we hear it all the time. Millennials are lazy,...