By Matt McCallApr 13, 2017
Yes, I do. And yes, they do things differently, but the numbers are overpowering and the trends are simply unstoppable. Remember, this is going to be the greatest transfer of wealth the United States has ever seen, and smart investors absolutely have to have it on the radar. There is a long way to go with as well, as the youngest are still in college. That said, the impacts are being felt already.
Consider consumer spending. The amount millennials spend is expected to double in just three years to $1.4 trillion annually.
As millennials get older and form families, more and more houses will be bought. They already make up 33% of homebuyers, and we’re just at the beginning.
Then there is social media, a mobile lifestyle, travel, and so much more.
Wall Street hasn’t turned its attention to this yet, so now is a great time chance to get in early. And even when Wall Street does take notice, they’ll go to the obvious plays, not where the real money is to be made.
Whether you’re a millennial yourself or retired, this is a mega-trend you can profit from. The opportunities will come in all shapes and sizes, from long-term holds to trades that make money quickly. The beauty of our NextGen system and multifaceted approach is that we’ll be out in front on all of them.
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