As the nation's full retirement age edges closer to 70, it means a 22-year-old college graduate has nearly 50 years to save and invest. That's why solid money habits built early can make an enormous difference, even for young people who can't afford to put away more than a few dollars a week at the start.
The passive style of investing advocates present their case by stating that the markets are efficient. In other words, the vast majority of information that can be known is already in the market place and therefore there is no advantage to spending effort in researching stocks because there is little that is unknown about their prospects. I
Millennials are facing more student loans than ever before. Interest rates are high. Loan principals are even higher. Even those with good jobs are struggling to pay their monthly minimums.This is bad for a lot of reasons, one of which is that people in their 20s are not investing nearly as much as they should.