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MILLENNIAL INVESTING MYTHS
10/16/2018

Recently, the FINRA Foundation and CFA Institute teamed up on a report to understand better why millennials, the soon-to-be largest generation in the nation, remain substantially under-invested. What they learned about this avocado toast eating, "I still live with my parents," social media-fueled FOMO generation might surprise you. The report entitled “Debunked: 7 Myths about Millennials—the Underinvested Generation” examines attitudes on investing among three millennial segments—those with no investment accounts of any kind, those with retirement accounts only and those with taxable investment accounts (most also owned retirement accounts)—and compares them with their Gen X and baby boomer counterparts. Are you a Millennial with an uncertain financial future? A financial professional looking to expand or better serve your millennial clients? Then check out this report … HIGHLIGHTED EVENT: Want to learn more about investing? Attend an AAII Local Chapter Meeting near you...

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Formed in 1989, the ICI Education Foundation (ICIEF) is the educational affiliate of the Investment Company Institute, the national association of US investment companies. ICIEF partners with government agencies and other nonprofit organizations to develop, deliver, and promote investment education programs to a variety of specific audiences. The Foundation also participates in financial education advocacy coalitions, conferences, and initiatives that promote saving and investing nationwide. To contact ICIEF, go here.



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