Debunked: 7 Myths about Millennials—the Underinvested Generation
Millennials are on the cusp of surpassing Baby Boomers as the largest adult generation in America. Yet the soon-to-be largest generation in the nation remains substantially under-invested.
Why? That is the question the FINRA Foundation and CFA Institute teamed up to answer in a new report. What they learned about this avocado toast eating, "I still live with my parents," social media-fueled FOMO generation might surprise you.
Today, Gerri Walsh and Gary Mottola join us for part one of a two episode series to discuss the misconceptions and roadblocks Millennials face in their paths to becoming investors. In part one, Gerri and Gary debunk some of the most common myths about millennial investors and could-be-investors as revealed by the new study, "Uncertain Futures: Seven Myths about Millennials and Investing."
Are you a Millennial with an uncertain financial future? A financial professional looking to expand or better serve your millennial clients? Then tune in to this episode of Unscripted and gain insight into the minds of the soon-to-be largest and most under-invested generation in America.
Resources mentioned in this episode: