What millennial millionaires are getting wrong about personal finance

0
764

1354990698_money
By Suzanne McGee
It seems that young millionaires these days are being ultra-conservative with their investment portfolios.
Or at least that’s what the results of the latest survey of the world’s wealthiest inhabitants, by Capgemini Consulting, suggest. According to its findings, millennial millionaires keep about a third of their riches in cash, whether it’s stacks of hundred-dollar bills kept in a safe, money in a savings or checking account, or near-cash equivalents.
Why? Well, it seems that when you’re that wealthy, you want to be able to jump on new investment opportunities when they become available, such as the chance to buy shares in the next startup company before it becomes Facebook or Google.
Read the Full Article at www.theguardian.com >>>>

ATTENTION READERS

We See The World From All Sides and Want YOU To Be Fully Informed
In fact, intentional disinformation is a disgraceful scourge in media today. So to assuage any possible errant incorrect information posted herein, we strongly encourage you to seek corroboration from other non-VT sources before forming an educated opinion.

About VT - Policies & Disclosures - Comment Policy
Due to the nature of uncensored content posted by VT's fully independent international writers, VT cannot guarantee absolute validity. All content is owned by the author exclusively. Expressed opinions are NOT necessarily the views of VT, other authors, affiliates, advertisers, sponsors, partners, or technicians. Some content may be satirical in nature. All images are the full responsibility of the article author and NOT VT.
Previous articleVeterans find gardening at Topeka VA to be therapeutic activity
Next articleCorrupt Politicians and Corrupted Money Go Hand in Hand