/biz/ - Business & Finance

>>57960117
> why don't they all just invest?
They do. 68% of millennial workers have a 401k. However, that money is not able to help them with their cost of living day to day. 55% of millennials own individual stocks though i do not know the overlap between that and 401ks. However, even though participation is high in the stock market among millennials, ownership percentages are not. Millennials own just 13% of small businesses compared to 41% by baby boomers. Out of total wealth, millennials own just 9.3% compared to baby boomers at 53%. The population size of millennials and baby boomers is equal. From these numbers, you can see why your question is dumb as fuck. At least... I hope you can. I've given you everything you need to be able to realize how stupid you appear to anyone who does understand.
>>57960165
You're straight fucking retarded.
>>57960219
>they have no money to invest. they have negative money if anything.
Correct. Millennials grapple with the highest income-to-debt ratio among all generations, with young millennials averaging a Debt-to-Income (DTI) ratio of 37.5, and older millennials averaging a DTI of 36.7.
>>57960266
>We're at the crux of the next credit crunch
Time will tell. There are indications of weakness in the credit markets but the extent to which it will be a crisis versus a crunch and where that crunch will occur is yet to be seen. You mention Commercial Real Estate but it is only Office that is under strain. Other types of commercial real estate like industrial are fine compared to averages.
>>57960456
>52% of millennials are homeowners
Correction: 52% of millennials lease their homes from the bank using a debt instrument called a "mortgage." They do not in fact own the home outright. They lease it from the bank and it will be repossessed if they do not pay.

What other questions can I answer for the masses?