Why don't Millennials buy stocks and bonds?

Why don't Millennials buy stocks and bonds?

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>WHY DON'T MILLENIALS GO CLUBBING
>WHY DON'T MILLENIALS BUY HOUSES
>WHY DON'T MILLENIALS SPEND MONEY ON X Y AND Z
BECAUSE WE HAVE
NO
FUCKING
M O N E Y
BOOMER GENOCIDE FUCKING WHEN

Came here to post this desu

I bought two bitcoins earlier this year. Just waiting for BTC to hit half a mil and then I'm set to retire.

i got a s7 and s66 does that count?

Bitcoin. I hope that meme coin crashes.

No jobs = no money

Yeah, I can agree with this.

They don't? That is crazy. It is fucking simple nowadays. Throw money into robinhood and swipe. No rotary phones, no calling your broke ass cokehead broker every night. No fucking WSJ stock section with pen marks all over the fucking thing. No finding out about a RS 6 fucking months later.

Financial institutions are killing the white race along with all other races except jews
>muh microsoft muh raytheon
>muh wars for israeli expansion

>Why aren't Millennials putting money into a caustic and relatively volatile sector?

I dunno user. Why do you think? Could it be that perhaps they remember 2008? The same fucking thing happened in the 20's you dipshits. Except this time not only has direct exposure occured but they have all been indoctrinated to not put anything into the stock market as kids. The Great Depression is literally half of what public education teaches. I am actually surprised that the bankers and Wall Street haven't tried to remove all trace of it from public schooling.

Because they're spending their money on avocado toast instead of saving and investing

They'd rather have the we iPhone and pay thousands in rent to live downtown

They'd rather payh 5x the regular price for a head of lettuce or beer at a whole foods or trader Joe's

Because they'd rather spend their money on experiences than the future

They would rather spend 100$ at a restaurant out on the town, paying 8 dollars for a craft beer and 40 for some shiitake appetizer and 52 dollars on a locally sourced burger than fucking save

Millenials are retarded

>tfw I have 170k in my bank accounts and another 130k in investments

I have a 401k gramps.

Millenials don't want to end up like Gen Xers. That generation got screwed and is already forgotten. (except for the music)

if you don't know how to do it personally you shouldn't

I am convinced most of those people only are invested because their job gives them stocks. But a lot of places no longer provide you company stock anymore.

Because people stopped teaching kids to be responsible with their money and instead taught them to do whatever the fuck they want and it's cool because someone else will pay for it anyways.

That is your own fault you dumb fucking child. I'm 24 and I have an IRA worth $140,000, every single red cent of which I earned or made from investments. And I haven't even graduated yet.

More likely their employers have convinced them to put some percentage of their checks into a Vanguard account.

>$15 transaction fee
people wonder why shitcoin is so popular

These articles fill me with a sweet satisfaction that I can't get anywhere else. Every time I see one of these "millenials are ruining X" or "why aren't millenials doing Y" articles, or "why aren't more men marrying REEEE" articles, I feel an acidic warmth in my chest. It's not schaedenfreude, it's not spite; it's some mixture of the two. My greatest sorrow is that these articles blow the issues way out of proportion, and the issues aren't nearly as bad as people say they are. But I wish they were. I wish there was a real epidemic of people staying single, not marrying, not spending, I fucking want our degenerate shit society to rot in fucking despair until it finally snaps. I want women and men to hate each other more and more. Let the fucking suicide rate skyrocket. Let there be more mass shootings. I dont give a damn. They aren't taking our guns anyway, and if they do they'll lose dozens of men every hour. I hear about a dozen faggots getting wasted in some mall? Good, I am so disconnected from it, even after watching the families wailing and seeing all the gore images, i don't care. And seeing these millenials are fucking up X all I can think is thank God, these boomer fucks are going to die thinking that their golden age is over. Because deep down, I think that despite their hedonism those cocksuckers really thought they were going to leave the world a better place. And now it's not. Now they have their fucking golf carts and stocks and shit and deep down I think it bothers them but even if not who cares? I am enjoying this world going to shit, and when it finally snaps, trust me, the Jews y'all keep complaining about will be dragged down with the ship.

Edgy, I know, but this is how I feel about things. I don't know if it's black pill or just nihilist faggotry, but I truly want to watch the world burn, I don't care if I die in it as I have nothing really to live for anyway. I'll be a wizard in a couple years.

>I have an IRA worth 140k

You have nothing. Not only can you not touch that money without blowing most of it on fees and taxes, you are going to die well before you ever can take it out without getting completely fucked.

BUY SPY

^__^

youtube.com/watch?v=VgBoN4fjl1k

Considering those taxes are on capital gains, you still make money

Isn't the market about to crash?

>A Roth IRA (individual retirement account) is a retirement plan under US law that is generally not taxed, provided certain conditions are met. The tax law of the United States allows a tax reduction on a limited amount of savings for retirement. The Roth IRA's principal difference from most other tax-advantaged retirement plans is rather than granting a tax reduction for money placed into the retirement plan, the money withdrawn from the Roth IRA plan during retirement is not taxed (with some restrictions), meaning that interest gains on the account are tax-free.

read a book

Try and take the money out of your account right now. Tell me how that goes.

>I think that despite their hedonism those cocksuckers really thought they were going to leave the world a better place. And now it's not

I think you're right on that. They do there best to avoid thinking about it, as they have their entire lives.

Who the fuck knows

They don't have any excess income.

Largely because they're broke.

How do you guys with sizable investments in current markets reconcile this? It's likely that many of the companies you're investing in are fucking up everything, including you indirectly, in order to make you some profit. Just don't think about it?

I generally do options as opposed to stock
It's more fun

probably the worst time to buy stocks right now.

>buying into overinflated memes pumped with trillions of obamamoney that doesn't reflect their actual value
I'd rather invest in something like, some flannel sheets.

Bought a nice wool blanket and it's incredible. 10/10 did buy more.

>Why does the generation that came of age in the immediate aftermath of the biggest financial crisis in a generation piss their savings away
Gee, I don't know

Because they don't think beyond next week. Just put 50k (35k moderately high / 15 k moderate) in equity. Gonna save like 12k on taxes. I just work as an operator at plant nearby on simple little chem/ptech focus degree.

It'll crash again. The exact time is entirely irrelevant, the market always crashes. It has never not followed this trend. When it crashes, the housing market is going to implode again, car loans are going to Aloha Snackbar, and student loans are going to go down with it. I can't wait to see The Great Depression 2.0 and how it plays out.

So you're going to buy after the dip, right?

NO ONE HAS ANY MONEY EXCEPT THE RICHEST 100 PEOPLE IN THE USA YOU DUMB FUCKING NIGGER JEW CUNT.

AMERICA IS BROKEN - 3RD WORLD STRATIFICATION FROM HERE ON OUT.

FUCK YOU NIGGER

Nice. I bought some nice flannel fabric yesterday that I'm gonna make sheets and pillow cases out of. Got some cute hedgehogs on them.

I'm excited desu. Fuck these $500k shit shack houses.

How do I think about what? My investments are in multiple things, like oil, metal, and products that everyone needs. They're not "fucking up" anything drilling oil or producing shampoo and other body well being products. They've made me a lot of money by just slowly growing or offering up dividends (even when they're not growing).

I have stock in Johnson and Johnson, for example. Hard to fuck up and run a well established snap company into the ground

You have to invest in companies that are in it for the long run, and not based off of "they're coming out with a new product over st nvidea so let's dump a shit ton of money into the stocks now to come out with a lot more in a few months"

Make sense with investing

because stocks are intangible. My shit generation cant believe something unless its right on their fucking face. Stocks are spoopy scary things that only rich white guys buy. We are talking bout a generation that fucking fully believes that wall street is evil, but will quickly vote for people who are owned by it.

How fucking dumb are you? Do you not understand what "retirement account" means? I put that money there knowing full well I wouldn't touch it for another 40 years. That's how you grow wealth. You put shit away and you don't fucking touch it until you need it.

What the fuck is the alternative? Stuff your mattress with fiat currency? Bury gold? Every business on earth's only goal is to make money. That's literally what they're for. You can't blame them for giving people what they want. The reason Apple sells phones for $1,000 is because idiots buy phones for $1,000. Get money to take care of yourself, your wife and your children.

>piss their savings away
That is the opposite of investing. "savings" aren't savings if they aren't earning interest that beats the annual rate of inflation every year.

You know what other trend it always follows? It goes up. This is why you invest money and don't touch it. Yearly dips and depressions don't mean anything. In the long run, it trends upwards.

Why can't you wait? It hurts a lot of good people like myself....why would my struggle give you a boner?

I invest in bitcoin because I prefer to do it online and by myself.

Cuz we buyin Crypto nigga, get dat money.

>Because people stopped teaching kids to be responsible with their money and instead taught them to do whatever the fuck they want and it's cool because someone else will pay for it anyways.

Sounds like boomers
>muh taxed education
>muh job security
>muh healthcare
>muh pensions

From cradle to grave the most pampered generation

what are you trying to say with this graph

...

You also can do stocks online and by yourself....

Schwab, scottrade, etrade, etc.

I did, and lost everything in 2008 crash. i never recovered. :(

fuck 401k

Crypto bitch

1. I have been doing this a long time.

2. If I lose every cent I have in the market it will have 0 (zero) effect on my cash flow and reserves.

3. I cashed out high before dotcomacaust reinvested in diversity and right after 9-11 put a shitload of profits into burn bed technologies, prosthetic limb and emerging aerospace/drone companies and established ones (among other things). Now I have something in everything.

4. I was a street kid. If I were to lose absolutely everything I would just be back at the start.

>(((le stock market)))
>"Do it Goyim give us-- I mean the markets a chance"
>yfw not owning ETH for the next 2 years

implying the stock market isn't rigged

>That is the opposite of investing. "savings" aren't savings if they aren't earning interest that beats the annual rate of inflation every year.
Savings also aren't savings when you're fully aware that to recover from the housing bubble, the government created ANOTHER FUCKING HOUSING BUBBLE.

That said, I will probably invest during the uptick after the market goes tits up again

All of this. Even $200 a month is $108k no increase after 40 years of work.

Neat. How many thousands of dollars in BTC do you own right now?

millennials can't afford their own home let alone gamble in the stock market

Because rather than teaching about finance and economics, schools teach about who all boys are girls and anti bullying ‘culture’

This shit was started and instigated to stop the circulation of money.

And contrary to what Sup Forums says Jews hate the because they are seeing their host die

I do about a 1200 a month ish

I own stocks feels good man

Speak for yourself, fag

So you admit you have nothing, and again, you are going to die before you can touch that money. Retirement age is going to go up under the false pretense that older people are still working so it must be a good thing. But life expectancy is trending down. You will never touch that money, goy.

>It always goes back up again!

Yeah, are we forgetting that The Great Depression took fucking 10 years to recover from? That is roughly 20 percent of your potential earning power. Whatever goal you have in mind to retire on, it isn't happening. You're a lower-middle class rube who is going to be taken to the cleaners when it collapses this time. The expectations for this upcoming downturn factually make The Great Depression look like the the 2008 recession. You are not ready, everyone is going to be fucking annihilated by this.

Bullshit
You know how many tards I know that are
>go out to eat every night
>travel multiple times a year
>buy expensive clothes
>have a new iphone
Then complain about being broke

No point. Wont make up for inflation.
A dollar today will be worth a penny by retirement.
Why invest 1,000 to only get change back?
The only thing that makes sense is putting in whatever a company will match, then gaming life insurance policies like Trump did to save his billions during his divorce.

When I was a kid, I lived with a friend for SIX MONTHS before being able to afford a down payment on my house, and you're complaining that you have no money? There's a perfectly good box for rent right over there, 500 dollars a month plus tip.

Entitled fucking millenials.

little money and do not want to gamble away the little they have.

yes the boomers need to hurry up and fucking die.

No one's going to answer me on this are they
I do think beyond next week that's exactly why I don't buy into these incestuous companies
>ohh dude I made 15k on this stock cool!
>the company is 100% ideologically entrenched in the neoliberal status quo that's promoting race mixing, the death of all real cultures, endless kinds of faggotry and decadence, meaningless wars ect ect
>it's okay though cause I just made bank bro without doing anything I'm so smart and financially smart
>kike world

I want a comfy wool blanket too.
Recommendations plz.

It only took you 6 months to save a down payment?

What are you talking about I didn't ask you about any of that

Should always do 1/4 of what you make. I was just saying lol.

Putting right at 1,900 a month into something. Going to cut back a bit cuz I dumped 50k into various things last week. I'm lucky with no house note though, no car note. Hope this tax stuff passes tomorrow

Woolrich, my dude. You can even get problematic indian patterns.

Took him six months? It took me several years to save that up, but I did it. I now own a comfy house.

$0.
I own around 55ETH worth over $18,000.

We adoption comes it will explode.

Because I don't have time to research investing. I feel like I'd only be able to make sound investment decisions if I spent most of time studying investing, which I don't feel like doing.

have almost a million dollars worth on crypto. what kind of a good goy invests on stocks.

In Simcity 2000, where do the Sims come from?

I dont think ETH or even BTC will make it into mainstream adoption. It's too abstract for most normies.

Because they're spending their money on avocado toast instead of saving and investing
>no money means no money to invest or save

They'd rather have the we iPhone and pay thousands in rent to live downtown
>no car means living downtown and walking
>can't afford comcast monopoly
>all internet is crappy phone internet now, or normalfags with comcast TriplePlay TM

They'd rather payh 5x the regular price for a head of lettuce or beer at a whole foods or trader Joe's
>can't afford healthcare, eat healthy and never go to the doctor

Because they'd rather spend their money on experiences than the future
>"spend their money"... there's that idea again

They would rather spend 100$ at a restaurant out on the town, paying 8 dollars for a craft beer and 40 for some shiitake appetizer and 52 dollars on a locally sourced burger than fucking save
>2017
>going to restaurants

Millenials are retarded
>millenials are broke

Friendship ended with the stock market.

Now minor luxury is my best friend.

Oh no goyim!
You're not playing the jewish casino!!
This is a shoah!!

Because it is only when all systems fail that the healing can begin. The golden years of the US are widely regarded as being the 40's, 50's and 60's. This is coming off the back of a near total collapse of the society. No one is willing to self-regulate before the collapse. It'll come afterwards when people start looking to find out what happened and who did it. Look at this very thread. It's two camps of people. Guys who think the stock market is rigged, and guys who want to blame millennials. You can blame millennials all you want, it'll get you nowhere. Perhaps though we should examine precisely what symptoms of society and the economy make it so that not only do Millennials distrust the stock market but also make people hate them for not trusting the stock market.

>why do younger people without money invest their money?

Yes you are right. Being financially successful means the Jews win.

It aint a boycott if you can't afford it you fucking homovan faggot.

Now get off the fucking internet. Unless you are WARDRIVING somebody is making bank off of your dumb ass including Hiro.

>Because they're spending their money on avocado toast instead of saving and investing
Wrong. Most people spend their money on living expenses and have almost none left to save and invest.

Eth has a larger market potential that is increasing daily. I'm so glad I bought in when the price was around $60

To be fair luxury is the best hedge against inflation. Doesn't make it less retarded though.

i pay 0 attention to that garbage same with crypto

it's all a fucking joke and UBI/loan forgiveness is right around the corner. I say this as someone who is not in debt or needing of UBI, it's just that the writing is on the wall, and if you work hard and do the right thing you're going to see 34,000,000 people who didn't give a fuck get just as much of a good life as you. So what's the point?

>whaaa whaaa there's no point everything's fucked maaaan
>no motivation or assertiveness to try and make extra money
>subtly shits on Trump

I want reddit to leave

Calvary Hudsons Bay Blanket by Woolrich.
Made in the US and comfy.

This guy knows whats up.

>Millenials knowing anything about investing.
Nice meme bro

Simtropolis

jesus i wish i could afford avocados

lul

I wonder if the poors having any luxury, no matter how minor, will ever not be offensive to the bourgeoisie.

I am reminded of a Fox News report about how people aren't really poor, because they have a fridge.