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Old 07-02-2021, 05:56 PM   #215
John Mercier
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Quote:
Originally Posted by thinkxingu View Post
How many "kids" do you know to make this generalization?! I mean, I teach seniors in high school and continue to keep touch with many of them, and I know half a dozen of hundreds that gamble. The other 99.9% are working their butts off (too many hours in my estimation).

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They work pretty hard. Even the high school employees we have are pretty hard working. Fast and very quick to adapt.

Just not enough of them for the increased demand. I do more than four times the business that I used to do, and we now have five of us doing the same thing.

I think that business managers, and customers, need to adapt to more efficient use of the labor force.

As for the difference that I have seen in their investment-style, more of a "Bogle" approach with index funds compared to the older generations use of target funds. They don't tend to trade more often, but do have to make an allocation adjustment at least once a year.
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