Skip to main content

Posts

Showing posts from October, 2020

Why Fractional Ownership is perfect for Millenials?

Do you know about fractional investments? Are you investing at all? If you haven’t already heard, millennials aren’t investing at the rate they probably should. Armed with reasons that range from not having enough money in the bank to a general distrust of the stock market, it was found out that 43% of millennials haven’t invested a dime. This news isn’t good for the other 57% — 54% of them that have invested. Some quick math will tell you that, even with compounded interest, it won’t be anywhere near enough for that ideal retirement. So why   aren’t millennials investing? 45% responded that they don’t have enough money, while 34% can be attributed to a lack of education around investing — either they don’t know how or aren’t aware of the different options available. The other 21% either don’t want to invest or don’t have time. No matter how you slice it, these results reflect how disillusioned millennials feel towards investing, and financial matters in general. The real estate market