Poor, spoiled, disadvantaged Millennials.
The myth of the underdog youngster has been going around in the media for years.
He’s the poor schmuck who at age 32 still hunkers down in Mom and Dad’s basement because his post-graduate education only fetches him a position as PhD burger flipper at the Scottish restaurant chain which shall not be named.
Marriage and homeownership? Not for this guy. According to the myth, he’ll be lucky if he can dig himself out from under his student loan debt one day and afford an apartment that isn’t populated with stoner roommates and cockroaches.
However, when you take a closer look at the Legg-Mason 2017 Global Investment Survey, an in-depth annual study of investing styles, it paints quite a different picture.Read More