zerohedge.com / by Tyler Durden / Aug 4, 2017 4:25 PM
Just recently, the New York Post a very interesting article entitled “Millennials should start taking stocks seriously.” While I am sure the author is well-intentioned, it is a very misguided article in its assumptions.
The author jumps right in with both feet:
“Many millennials are missing the chance to accumulate significant assets.”
There are so many problems with that statement alone its tough to find a starting point.
First, the stock market is not, and never has been, the “solution” to building wealth. If you look around the world, there might be a very small handful that have actually built a fortune by investing alone. That is the exception, not the rule.
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