Why You Should Follow Millennials' Lead on Investing
A recent survey from Money Under 30 reveals that 61% of millennials think now is a good time to invest, even as the coronavirus recession grinds on. Are those youngsters crazy, or are they on to something?
The oldest millennials are about 40, which means they still have 20 years or more to build their retirement savings. They're not crazy to see opportunity in this market, as dicey as it is. Anyone whose investment timeline can be measured in decades should be investing now.
If you plan on retiring this year or within five years, a millennial-inspired approach might be exactly what you need. This is particularly true if you're worried about not having enough money saved to fund the lifestyle that you want.
Source Fool.com