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re: Millennials are getting screwed by the economy. Again.
Posted on 4/21/20 at 2:35 pm to RLDSC FAN
Posted on 4/21/20 at 2:35 pm to RLDSC FAN
quote:
Millennials are getting screwed by the economy. Again.
Dude, this is time to buy. Millennials getting into stocks on the cheap will make big reward in years to come.
3
Posted on 4/21/20 at 2:39 pm to lowhound
quote:
Dude, this is time to buy. Millennials getting into stocks on the cheap will make big reward in years to come.
That is my mentality. These events really help those who are further away from retirement. I, selfishly, want this to last a little while so I can get more and more money into the market at this downturn. A millennial should be much more worried about the gains 20 years from now than right now and market drops like this are when you can maximize those future gains.
Posted on 4/21/20 at 3:15 pm to lowhound
quote:
Dude, this is time to buy. Millennials getting into stocks on the cheap will make big reward in years to come.
That's my mentality but wouldn't millennials be 20s or early 30s?
Most probably don't have a bunch of cash on hand to actually make real money in the stock market. Particularly if they've just lost a job with the shutdown
Posted on 4/21/20 at 4:24 pm to lowhound
quote:
Dude, this is time to buy. Millennials getting into stocks on the cheap will make big reward in years to come.
This. I’ve bought more than I ever have since the downturn. I’ve slowed though the last 2 weeks because I’m confident this is going to be a W shaped recovery as opposed to a V. I think we’ll see the Dow get down close again to its most recent low of 18k in late March.
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