This one mistake can cost millennials millions

0
662



When you’re young, you tend to think you have more than enough time. Then the time comes to do what you put off, and you realize time has gotten away from you.
The one mistake many millennials are making is not taking advantage of the stock market by investing while they are young — when their money has time to grow.
Fearing the market, millennials are putting their money in savings accounts. And the potential loss of future earnings is huge, like $3.3 million huge, according to new analysis by NerdWallet.
The online site says it looked at 40 years of market returns and interest rates. Using that data, they factored in how much a 25-year-old earning $40,456 saving 15 percent of this income could amass, assuming the market does what it’s done.
Read the Full Article at www.washingtonpost.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 article5 Ideal Career Tracks for Returning Veterans
Next articleThe 20 most in-demand jobs that pay over $100,000