Blockchain, Crypto , Finance

Greed and fear moves the equity market more than any other market in my opinion, stock market is up 17% in a year. Remember in 2009 and everyone thought the world was going to end. The market is up a massive 197% since the March 2009 low.

It’s not timing in the market that delivers a return. It is time in the market.

Warren Buffett said it best:

“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”

What I have seen is a lot of individuals under the age of 32 haven’t participated in this rally and this could have serious consequences for their financial futures.

There is a mind-set amongst the millennial. Uncomfortable with choosing the stock market as their preferred method of investing they have the same attitude as their grandparents, risk averse.

The most preferred investment for millennial is cash, which is crazy in an era with inflation and low yield it could possibly be the worst in true return.

Millennial are not investing, they don’t have the pensions that their parents had and have a bigger burden of accumulating wealth on their own for their retirement needs. Particularly in an era where life expectancies are getting long, health care costs are going up, so they have a bigger financial outlay but are saving less.

This is an interesting trend I see in the market place that the generation that will have the largest financial burden are saving the least.

Tony Evans

Tokyo

24/7/2014