Why Do These Millennials Want Stocks To Crash?
Would you like to see your portfolio value rise this year...and then rise next year...and then rise again the year after that? Most people would say yes. But these people say they would prefer to see their portfolio values drop this year...and fall further the following year...and then fall again the year after that. Are they bat-poop crazy?
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Why Do These Millennials Want Stocks to Crash?
Molly Snow is a 31-year old nurse and mother of two young children. She has $5000 in a portfolio of ETFs, and she says she would be happy to see stocks crash. Such thinking among millennials is gaining steam.