Why Johnny Can’t Invest: Five Reasons Behind A Scary Trend
July 3rd, 2009
I read some really disturbing news in the vast reams of disturbing news out there. But this one has nothing to do with rigged elections and the blown economy.
In a survey of 1,000 Break Media users, only 29 percent of males aged 18-34 say they are saving money. This is in contrast to national saving average, which is up like 15 percent. And, during a recession savings rates naturally go up. But not the savings rate of young males, apparently.
What’s wrong with the investment habits of Johnny?
I think there are a few reasons for this financial illiteracy.
Business Strategy, Investing, Money, Online Investing AI, Success, US Economy
is one of my favorite financial books of all time. It's an allegory about a guy who has a terrible job, and how he overcomes challenges to achieve his dreams.
