Already some good comments!
I’m no finance guru but a few things stood out to me:
“The survey also showed Millennials keep more of their assets in cash…”
I understand the fear and the need to be a “saver” but considering what’s happening to the value of our money that can’t be the best strategy can it?
“The odds of a significant bout of inflation now are about the same as they were in 1929. Next to none.”
Really? Look at food prices and energy just to name two and tell me there’s no inflation - and these two areas (especially if liberals keep control in 2016) it seems will continue to get worse.
“Millennials said they would rather make $40,000 a year at a job they love than $100,000 a year at a job they think is boring.”
Well, if you’re still living with your parents and are single I guess that would work but if you ever want to be independent from them, a little boredom might be a game changer. I suppose there are those that might be taking the “long term view” just waiting for them to die so they can get the house and their car! What I don’t see (yet) is Millennials waking up politically. There are reasons why these terrible conditions exist in our country and failed policies by both parties that have brought us to this point.