By Zach Scheidt
This post 3 Ways to Profit From “Maturing” Millennials appeared first on Daily Reckoning.
There’s a major shift taking place in the market right now. One that is being driven by 80 million individuals changing their buying habits.
For traditional investors, this shift is completely unexpected. That’s why unfortunately, most of your friends and neighbors will totally miss out on the opportunities I’m going to share with you today.
But if you’ve been following The Daily Edge for the last few months, you’re probably already ahead of the game.
Today, I want to make sure you’re up to speed and ready to profit from a widespread change for the U.S. population…
The Millennial Generation is Growing Up!
You’ve probably heard some stereotypical definitions when it comes to the Millennial generation.
As a general rule, “Millennials” refers to the generation that was born between the early 1980’s and the late 1990s. There are about 80 million Millennials — mostly in the early 20’s to late 30’s age group. And up until now, this generation has been often characterized as entitled, somewhat immature, and less interested in starting a traditional family.
Now there’s plenty of debate as to why the Millennial generation has earned this stereotype, and even more debate as to whether the categorization is accurate or not.
I’m not here to argue whether this perception is true. I prefer to view people on an individual basis based on their own personal experiences and character qualities. (After all, I feel very little affiliation with my own “Generation-X” demographic).
But I am here to tell you about a major shift that is clearly taking place for the Millennial generation. One that is driving some key areas of the market. And one that will make you a lot of money if you know what to do.
You see, the Millennial generation as a group may have taken longer to “grow up” than previous generations. But the statistics show that this group is finally starting to follow in the path of their parents.
In other words, Millennials are growing up… They’re getting married… They’re buying houses… They’re having kids… And they’re buying family vehicles…
Just like their parents, grandparents, and great-grandparents.
The only difference is, the Millennial generation is very large.
With a population of about 80 million, the Millennial generation is much larger than the 65-million strong “Generation-X.” More importantly, the Millennial generation is moving into the prime spending life period, where large purchases are most likely to be made.
That sets up a very exciting opportunity for savvy investors…
Three Ways to Profit From Maturing Millennials
“Americans aged about 18 to 34 have become the largest group of homebuyers and almost half live in the suburbs.1”
So says a recent Bloomberg article covering the recent shift in Millennial lifestyle decisions. The article noted that it was initially tough for Millennials to make home purchases as young adults, because many graduated from college with significant amounts of student debt, and faced a weak job market.
But today, the job market has improved dramatically. Plus, many in the Millennial category …read more
Source:: Daily Reckoning feed
The post 3 Ways to Profit From “Maturing” Millennials appeared first on Junior Mining Analyst.