All right -- I know the economy is in the dumps. I know unemployment is high and job prospects are slim, but if you're young, you're facing the chance of a lifetime. Pay attention. You won’t want to miss it.
It all comes down to this: the markets are all on sale!
I happen to know that Gen Ys, and Millennials love to shop, and really love big bargains on great stuff. Well I got news for you – there is no greater stuff out there than all the companies who make the stuff you love. And those companies are pretty much ALL on sale. I'm talking bargain basement prices. And you Ys and Millennials have the time ahead of you that it will take to really reap the rewards.
So as soon as you can once you land that first job, open your 401(k) and max out your contribution. Buy as much of this low-ball-priced stock market as you can manage. Because when it turns around – and it will turn around – you want to have as many shares of it as you can to ride up into the high altitudes of your future. The time you have ahead of you is the very best asset you have right now. Make sure you capitalize it to the max. You may have to sacrifice a little now, but boy oh boy, will you be glad you did!
It all comes down to this: the markets are all on sale!
I happen to know that Gen Ys, and Millennials love to shop, and really love big bargains on great stuff. Well I got news for you – there is no greater stuff out there than all the companies who make the stuff you love. And those companies are pretty much ALL on sale. I'm talking bargain basement prices. And you Ys and Millennials have the time ahead of you that it will take to really reap the rewards.
So as soon as you can once you land that first job, open your 401(k) and max out your contribution. Buy as much of this low-ball-priced stock market as you can manage. Because when it turns around – and it will turn around – you want to have as many shares of it as you can to ride up into the high altitudes of your future. The time you have ahead of you is the very best asset you have right now. Make sure you capitalize it to the max. You may have to sacrifice a little now, but boy oh boy, will you be glad you did!
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