Millennial investors have “unrealistic expectations about their money.” An annual study by Global Investor has found that Millennials “have especially disproportionate goals” when it comes to how much they’ll make in a short amount of time. For 18-35-year-olds, 10.2% is the minimum anticipated for investment income, and for investors older than 36 it is 8.4%—both impractical goals with interest rates being at historic lows in many countries. Millennials’ impatience is most likely linked to the finding that they invest for “immediate financial requirements,” like purchasing items or supplementing funds needed to raise children. (Business Insider)
