Miyerkules, Setyembre 7, 2016

Should Millionaire MIllenials Keep Themselves Liquidated?



Ultra-conservative is the true nature of millionaire millenials. In general, millenials are very tight-fisted when it comes to handling their money.



According to a survey by Capgemni Consulting, millenial millionaires keep themselves liquidated to a point that a third of their estate is in cash.

The traditional mode of keeping their millions in the proverbial sock is never a good sign, analysts advise these millionaires to keep their money somewhere it can grown until their retirement.

According to most observers, millenial millionaires are typically 'spooked' by short-term fluctuations 
in the market. Experts advise that they look at the long-term side of things; that it can change if an investor has a set plan.

Millenial millionaires can always contribute savings to their retirement plan indefinitely until their retirement.

Experts also advise to use compounding as a tool to help young investors earn better income through their investments.

As any investor -- even myself -- would say that cash should make only a portion of your assets, the money itself should do everything and earn for them. Idle money should work for its keep.

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