It is the 26th of June 2017

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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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In Which States Do Most Millennials Live With Their Parents?

Just a few short decades ago America's youth was highly encouraged by eager parents to become self-sufficient by the ripe old age of 18.  Today, the mere suggestion of such a thing could land unsuspecting parents in prison for 'triggering' their offspring with malicious 'hate speech.'

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46% Of Millennials In San Fran Ready To Move Out; Blame Housing, Traffic & Trump

A growing number of snowflake millennials are saying they can no longer stand to live in the preeminent American 'safe space' of San Francisco because the "rent is too damn high", the traffic is too damn congested and, well, President Trump.  According to a new poll conducted by the Bay Area Council, 40% of all people living in San Francisco say they're ready to ditch the city for greener pastures while the number is even higher among millennials at 46%.

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We Found The Market's 'Greater Fools' - Millennials

Following Peter Lynch's "invest in what you know" mantra, it appears Millennials jumped at the chance to own a piece of Snapchat - the social media platform that's all the rage among Millennials (and my teenage daughters).

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Here Are The Countries Where Millennials Will Have To Work Until They Die

It turns out there is a downside to spending 120% of your annual income every year from the time you graduate college until that day you turn 40 and finally realize that you're getting old and have absolutely no liquid assets and no hopes of ever retiring.  While the above strategy seemingly makes sense to our elitist, Ivy League-educated central planners at the Fed who have waged a nearly decade-long war on saving (because how can we have economic growth if people aren't willing to lever their income 5x and spend every dollar they make?), the roughly 19% of Americans who are over the age of 65 and are still forced to work are probably wishing they could go back and do things slightly differently. 

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