Financial Nihilism & The Trap Young Investors Are Walking Into Authored by Lance Roberts via RealInvestmentAdvice.com, The article from the Wall Street Journal titled “Why My Generation Is Turning to Financial Nihilism” by Kyla Scanlon argues that Gen Z is embracing high-risk financial behavior out of despair and detachment. Of course, it is essential to recognize that Kyla, although well-intentioned, is a young twenty-something influencer with limited real-life experience, and sees things for “her generation” through a very narrow lens of “recency bias.” Let’s start with understanding that “Financial Nihilism” is a term used to describe an attitude where people believe financial decisions are meaningless because the system is… — Continue at ZeroHedge News : Read More
