Forget Stocks. Millenials want their money in cold, hard cash.

Here's an article from CNN-Money about Millenials— 18-29 year olds are a recession-scarred generation and have a risk aversion to investing money in stocks and real estate. They want it in cash—all cash—. Is that an investment?  It is accessible and usable for immediate needs. Is that enough? Economists hope that this generation will return to stocks and other investments, as they have the largest retirement burden and it does take some sacrifice. Read more….here.

Posted on July 25, 2014 at 10:50 pm
Leigh Harvey | Category: General Info, Investment Property, Market Activity, Mortgage information, Real Estate Properties, Tax information | Tagged , , , , , , , , , , , , ,

Gardner Econ Report

 

Overall sense of the US populace has an “improved tone”, the Gardner Report indicates, noted here.

Here are some significant stats you’ll find in the report: (This is referencing the last quarter of 2011 WA State.)

  • 3% expansion of economy
  • Haven’t seen this expansion since Qu2 of 2010
  • Local employment at 7.7% less than national average
  • Job increases:
  • Aerospace + 9,400
  • Ed and Health + 5,400
  • Professional & Business +3700
  • Construction +1000 (awesome!)

 

 

Posted on March 19, 2012 at 12:25 pm
Leigh Harvey | Category: Uncategorized | Tagged , , , , , , ,