If you were born between 1982 and 2004 you can be considered a millennial investor. This is because millennials were born near, or came of age, during the 21st century. Millennial investors are the largest generation in American history, and the most tech orientated. How does their reliance on technology affect their finances? Unfortunately, millennial investors have a reputation for being disinterested in face to face meetings. So, how does a financial planner effectively communicate with them? Stephen Rischall, one of Investopedia’s most influential 10 financial advisors, reveals his findings after working with millennial investors. Contrary to popular belief, millennials don’t hide behind text messaging and social media regarding their money decisions. Stephen assures Doug that the investors he works with are very committed to maintaining a close relationship with their advisor. He shares observations about family financial planning and why he believes that the millennial generation’s relationship with technology can be a good thing for their portfolios. Tune in to hear what you can learn from the “social media generation!”
What is the right way to discuss finances in your marriage?Doug tells about a recent meeting he had with a couple that demonstrates a great example of family financial planning. He explains why the couple impressed him and which of their habits are good for others to emulate. If you are in need of advice on how to include your spouse in the family financial planning, then Doug has some tips and habits for you! To learn more about Stephen Rischall visit his website www.1080financial.com and Twitter. Facebook users can also watch his live stream every Friday, Financial Fridays. If you’re not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug’s free ebook The Retirement Planning Book.
