It is the 16th of October 2017

News

Millennials Are Delaying Marriage Because Men Aren't Earning Enough

Economists and social scientists have gathered multitudes of data about Millennials’ tendency to delay the traditional milestones of maturity (starting a career, getting married, buying a home, having kids) in favor of a prolonged adolescence.

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Rents Across The US Hit A New All Time High

After dropping to an all time low 62.9% in Q2 of 2016, the US homeownership rate rebounded modestly in the subsequent two quarters, then dropped again at the start of the year, before once again rising fractionally to 63.7% in Q2 of 2017 from 63.6% in the previous quarter, just 1% from the all time lows in the series history going back to the mid 1960s.

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Millennials Really Want A McMansion Of Their Own, There's Just One Problem...

A new survey from ApartmentList.com of 24,000 millennials across the country, born between 1982 and 2004, revealed some 'great news' for the residential housing market...about 80% of the millennials surveyed said they're ready to move out of mom's basement and buy a home.  There's just one catch...

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Your Future Wealth Depends on what You Decide to Keep and Invest in Now

  • Millienials look for instant gratification
  • Spend half of their income on leisure
  • Instant gratification doesn’t work if need to save for the future
  • Savings rates falling, few have retirement funds
  • Important to understand marginal difference between spending and pleasure
  • Future wealth depends on what you decide to keep and invest in now

This week the festival of all festivals begins, Glastonbury 2017. Ed Sheeran, Foo Fighters and Barry Gibb will each be singing to the 250,000 revellers who are currently on their way to Somerset. To those unfamiliar with Glastonbury it is a glorious few days in the countryside with camping and music. Every year there is far too much mud, lots of tears, alcohol, dodgy substances, hippies and great bands. Not to mention the fancy dress outfits and the toilets with questionable sanitary conditions. It is brilliant fun which everyone should try at least once.

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