In other words, as old people (such as our parents) die, young people (such as Gen Xers and millennials) — all things eq

“Nothing in this world can take the place of persistence. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent. The slogan Press On! has solved and always will solve the problems of the human race.”

I regret briefly jumping on the bandwagon that lamented a surge in millennial interest in the stock market this past Spring into Summer. I reconsidered my position and realized that this dissing of young people by mostly older people (white men, in particular) isn’t helpful or nuanced.

http://www.ectp.org/kzz/Video-frantsuska-v-srbiјa-v-sr-sr-1jhx-10.php

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http://team.vidrio.org/xpy/videos-Motor-ceske-Budejovice-HC-Olomouc-v-en-gb-uan30122020-.php

http://elta.actiup.com/cqn/videos-torpedo-nn-v-neftekhimik-v-ru-ru-1dfn-21.php

http://www.ectp.org/kzz/Video-france-v-serbie-v-fr-fr-1xwe-18.php

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http://team.vidrio.org/xpy/video-mlada-boleslav-v-dynamo-pardubice-v-cs-cs-1msx-21.php

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http://elta.actiup.com/cqn/video-torpedo-nn-v-neftekhimik-v-ru-ru-1jsy-24.php

http://www.ectp.org/kzz/v-ideos-france-v-serbie-v-fr-fr-1zge-25.php

http://old.cocir.org/media/qas/v-ideos-Baskonia-Alba-Berlin-v-en-gb-1qme-19.php

http://elta.actiup.com/cqn/v-ideos-torpedo-nn-v-neftekhimik-v-ru-ru-1eir-21.php

d once calling my brother a “shmuck” in front of my Yiddish-speaking grandmother. In English, the word is a funny-sounding tease, perhaps on par with calling someone “silly” or “foolish.” But to my grandmother, whose face had turned bright red, the word was perhaps the crassest way to describe the male anatomy. Thankfully, she gave me the benefit of the doubt and waved us off as “meshugganah kinder” (crazy kids).

I know my old crappy work has value. If nothing else, it is a stepping stone to where I am today. A little higher. A little better. So I won’t hate it. I’ll value it for providing me the opportunity to get better. I’ll respect it. I’ll be grateful for it.

The young acquire wealth by inheriting or earning it. Already more than a third of America’s labour force is millennial and they have been the largest cohort since 2016 (even though some are still in education). Bank of America Merrill Lynch reckons that, worldwide, their earning power will rise by nearly three-quarters in 2015–30 as more start work and others gain seniority.

If the best authors feel like this, then so can I. I read other writers for both inspiration from their beautiful work or camaraderie in knowing we have both felt like I do. Whenever I’m stuck or down on my writing, I read.

“Read, read, read. Read everything — trash, classics, good and bad, and see how they do it. Just like a carpenter who works as an apprentice and studies the master. Read! You’ll absorb it. Then write. If it’s good, you’ll find out. If it’s not, throw it out of the window.” ― William Faulkner

As a proud member of Generation X (I missed being a millennial by six years), people in their 20s and 30s generally inspire me. They keep me focused on the present and what I want to accomplish in the future, using the past as little more than an informed lens into how to be better and help make it all happen.

I started today hating everything I’ve written. I wrote this article and now I’m feeling better. Sometimes just starting to write is all it takes to break out of that funk a writer can sometimes get.

In May of 2020, CNBC published one of dozens of stories detailing the millennial move into the stock market. They were doing — no doubt — some dumb things, such as day trading, chasing momentum stocks, and speculating on bankrupt or near-bankrupt stocks:

I never stop writing. This is the most important one. If I learned anything from all the writing articles I’ve read and authors I’ve spoken to it’s that persistence is key to being successful as a writer.

I know my old crappy work has value. If nothing else, it is a stepping stone to where I am today. A little higher. A little better. So I won’t hate it. I’ll value it for providing me the opportunity to get better. I’ll respect it. I’ll be grateful for it.

TD Ameritrade investors “have been doing a pretty good job choosing technology stocks,” said Kinahan. “In this last month, Apple was one of the stocks that stood out in terms of millennial clients compared to our overall client base and Apple performed pretty well in that time frame.”

Young investors took some fliers. But they also bought pandemic plays — from Apple to Amazon and Peloton to Zoom — that will stand the test of time and, by and large, turn out to be solid long-term investments. It’s no different, in theory, than your baby boomer parents buying companies such as Coca-Cola and Emerson Electric 50 years ago.

Inheritance flows are set to speed up. The population structure in most rich countries bulges outwards for the baby-boomer generation and then again for their children, many of whom are millennials. Every five years $1.3trn in investible assets, or 5% of the stock, passes down the generations in America. The pace of the wealth transfer will probably double by 2036–40 as boomers die. According to Cerulli Associates, a research firm, millennials will inherit $22trn by 2042.