When it comes to millennials and stocks, study after study paints the 20-ish to 30-ish set as risk-averse cash hoarders. Yet many younger workers probably have most of their retirement savings in stocks.
Most REITs have pulled back this year as a result of irrational fears related to rising interest rates. Keep in mind though that REIT valuations are now somewhat opportunistic, and in some cases even cheap.
The labor protest movement that fast-food workers in New York City began nearly three years ago has led to higher wages for workers all across the country. On Wednesday, it paid off for the people who started it.
With only 85 days left until the next opportunity for Congress to unleash apocalypse on Wall Street in the form of a debt default, it’s a great moment to think about reducing risk in your investment portfolio.