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re: Millennials are getting screwed by the economy. Again.
Posted on 4/21/20 at 2:37 pm to OldmanBeasley
Posted on 4/21/20 at 2:37 pm to OldmanBeasley
quote:
Some people like getting screwed
I think there are a lot of people out there that like watching other people get screwed. It levels things out. Brings those people down to their level.
0
Posted on 4/21/20 at 2:37 pm to BCMCubs
quote:they save more than their parents
They wouldn't have saved money even if they kept their jobs
Posted on 4/21/20 at 2:37 pm to doubleb
quote:
Many of those people that were under 45 12 years ago are no longer under 45. I’d guess about half are now 45 or over.
Posted on 4/21/20 at 2:37 pm to BeerMoney
quote:
If those fricks had done what they were supposed to do, they wouldn’t be holding up space and screwing the millennials.
The boomers did what they were bred to do, be spoiled greedy arrogant assholes only benefiting themselves. They were the kids of the greatest generation and got everything handed to them on a silver platter, what did anyone expect? For them to all of a sudden think of others?
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 2:40 pm to hubertcumberdale
shite on millennials all you want but some of us started high school with 9/11, ended it with Katrina, the Great Recession, and now this. Yall boomer fricks haven't done shite but frick everything up
This post was edited on 4/21/20 at 2:40 pm
Posted on 4/21/20 at 2:41 pm to Cosmo
quote:
Millennials acting like victims
Posted on 4/21/20 at 2:41 pm to doubleb
quote:
Many of those people that were under 45 12 years ago are no longer under 45. I’d guess about half are now 45 or over.
Have you ever done DMT?
Posted on 4/21/20 at 2:41 pm to DomincDecoco
Posted on 4/21/20 at 2:42 pm to RLDSC FAN
Posted on 4/21/20 at 2:42 pm to BCMCubs
quote:
They wouldn't have saved money even if they kept their jobs
Isn't that why many boomers are working to 70+? They didn't save a dime in their 20s and 30s and they had little to zero debt from college to pay off.
This post was edited on 4/21/20 at 2:43 pm
Posted on 4/21/20 at 2:42 pm to Taxing Authority
People that came out of school into a recession, and now having their 401K's blown up...yea, it hasn't been smooth for them.
Posted on 4/21/20 at 2:43 pm to bod312
Ya, those generational buying opportunities in stocks we haven't seen since November 
Posted on 4/21/20 at 2:44 pm to RLDSC FAN
More millennials should go work for Investment Banks
Posted on 4/21/20 at 2:47 pm to bod312
quote:
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.
What liquidity does a millennial have right now to throw at stocks? I imagine most are more worried about rent in the coming months.
Posted on 4/21/20 at 2:49 pm to hubertcumberdale
quote:
What liquidity does a millennial have right now to throw at stocks? I imagine most are more worried about rent in the coming months.
This millennial does!
Posted on 4/21/20 at 2:51 pm to RLDSC FAN
One final screwjob by the POS boomers
Posted on 4/21/20 at 2:51 pm to wutangfinancial
quote:
Ya, those generational buying opportunities in stocks we haven't seen since November
Never said it was generational buying opportunities but late March the opportunity was equivalent to 2016 levels. I would rather buy when the DJIA is at 23,000 than 30,000. If this is a once in a generation economic downturn as the OP quoted then it will drop further and last much longer. 20%ish off of ATHs is not a once in a generation event.
Posted on 4/21/20 at 2:52 pm to RLDSC FAN
quote:
Annie Lowrey, an economics writer at the Atlantic
Three problems right off the bat: female, economics "expert", and The Atlantic. AOC without the political position.
Posted on 4/21/20 at 2:53 pm to geauxtigers87
quote:
some of us started high school with 9/11, ended it with Katrina, the Great Recession, and now this. Yall boomer fricks haven't done shite but frick everything up
9/11 and Katrina were the fault of Boomers?
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