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re: Millennial wealth is still lagging behind previous generations at the same age
Posted on 2/21/20 at 11:34 am to Raleigh Tiger
Posted on 2/21/20 at 11:34 am to Raleigh Tiger
Most millennials don’t want blue collar jobs because they see the writing on the wall in terms of automation.
Most are placing a bet on themselves (student debt) in hope they can get into a field that pays the bills and won’t get automated within 10 years.
Most are placing a bet on themselves (student debt) in hope they can get into a field that pays the bills and won’t get automated within 10 years.
2
Posted on 2/21/20 at 11:34 am to Darth_Vader
This report/comparison is flawed. They are counting homes
That are mortgaged as wealth, when in reality you essentially leasing-to-own your house from the bank until you pay it off. That isn’t truly wealth. Yes I understand you can refinance and use it as collateral for buying but saying millennials are doing worse because they aren’t buying houses is a very narrow minded, borderline old sounding way of thinking.
That are mortgaged as wealth, when in reality you essentially leasing-to-own your house from the bank until you pay it off. That isn’t truly wealth. Yes I understand you can refinance and use it as collateral for buying but saying millennials are doing worse because they aren’t buying houses is a very narrow minded, borderline old sounding way of thinking.
Posted on 2/21/20 at 11:35 am to GoHoGsGo06
While I agree, they are going to automate pluming, electrical, finish carpentry and the like within our generation?
Posted on 2/21/20 at 11:36 am to RLDSC FAN
Boomers inherited the best economy in the history of the world and ruined it within 20 years. Blame them for Gen X and Meliennials lagging behind
Posted on 2/21/20 at 11:36 am to RLDSC FAN
quote:ya but he will probably return the favor and help you remember you’re WiFi password
Fair point. I had to help a coworker change his tire last week. He's 29
Posted on 2/21/20 at 11:41 am to Raleigh Tiger
quote:
Check into what plumbers, electricians, HVAC guys and the like make.
Gas turbine mechanics.
Posted on 2/21/20 at 11:45 am to Raleigh Tiger
quote:
Check into what plumbers, electricians, HVAC guys and the like make.
In general, probably about $15/hour.
Posted on 2/21/20 at 11:46 am to Raleigh Tiger
quote:$25/hour?
Check into what plumbers, electricians, HVAC guys and the like make.
Posted on 2/21/20 at 11:46 am to GetCocky11
Bull. I’ve seen the bill after calling these guys. If they make half of what is billed for per hour they are well over $15/hr
Posted on 2/21/20 at 11:47 am to SD Tider
quote:
I’m sure the Boomers will be along shortly to let us know it’s all because of laziness though.
Boomers got rich off the backs of marginalized people because of Jim Crow and slavery
Posted on 2/21/20 at 11:47 am to Oilfieldbiology
quote:
Bull. I’ve seen the bill after calling these guys. If they make half of what is billed for per hour they are well over $15/hr
Ok. $17.50/hour.
Posted on 2/21/20 at 11:49 am to el Gaucho
Don’t forget their marginalization of Chinese railroad workers
Posted on 2/21/20 at 11:49 am to RLDSC FAN
Boomercide when?
Posted on 2/21/20 at 11:49 am to GetCocky11
quote:
In general, probably about $15/hour.
For an apprentice level job. Not for a master union worker.
Posted on 2/21/20 at 11:52 am to Raleigh Tiger
quote:
And yet all I hear is "boomers won't retire". Well, they are retiring,
no they are not.... go to any building in any city and you will see a plethora of people older than 65 still going strong. quote:
but you're not filling the jobs they're leaving
you are clueless. quote:you think retiring boomers are leaving bottom of the totem 6 figure jobs?
You're too good for them. And these are six figure jobs.
Posted on 2/21/20 at 11:53 am to Raleigh Tiger
quote:
Check into what plumbers, electricians, HVAC guys and the like make.
well every plumber, electircal contractor, and HVAC guys i have seen were all under the age of 45. so millennial? Posted on 2/21/20 at 11:55 am to GoHoGsGo06
quote:and a 29 year old is arguably not a millennial.
Fair point. I had to help a coworker change his tire last week. He's 29
ya but he will probably return the favor and help you remember you’re WiFi password
This post was edited on 2/21/20 at 11:56 am
Posted on 2/21/20 at 11:55 am to RLDSC FAN
I’m doing fine at 27. Own a house that I make extra payments every month on, Roth that I max every year, and only have about 4k left on (which I plan to fully pay off in the beginning of spring). After the car note, I will be debt free outside of my mortgage.
Posted on 2/21/20 at 11:56 am to Oilfieldbiology
quote:
Bull. I’ve seen the bill after calling these guys. If they make half of what is billed for per hour they are well over $15/hr
you thing these AC companies are paying these techs 50% of your bill? Posted on 2/21/20 at 11:57 am to CarRamrod
quote:what else could they possibly be?
a 29 year old is arguably not a millennial.
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