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Millennials Like These ETFs
Thursday, August 10, 2017 - 8:15am | 590As has been widely documented, exchange-traded funds are on a torrid pace of asset gathering this year. Through the first seven months of 2017, U.S.-listed ETFs added $191 billion in new assets, easily positioning the asset class to topple the inflows record set in 2016. And as has been previously...
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5 Sectors Millennials Prefer To Consumer Goods, And The Stocks That Prove It
Thursday, July 13, 2017 - 3:08pm | 1482Jim Cramer recently said on "Mad Money" that the boom in travel and leisure stocks is a direct result of millennials’ activity. Specifically, millennials are increasingly disinterested in consumer goods. “They don't have much of a yen for material goods anymore. They want...
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All Things Digital: Fidelity's Kathleen Murphy On Using Millennials As 'Highest Standard' For Creating Experiences
Tuesday, June 20, 2017 - 4:53pm | 560To appeal to a broader client base, Fidelity Investments is embracing “all things digital” and recruiting millennial talent. “Frankly, we’re using millennials as the highest standard for how we create the capabilities and experiences,” Kathleen Murphy, president of...
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Your Roadmap To Navigating The Coach-Kate Spade Acquisition
Saturday, June 10, 2017 - 12:14pm | 425Coach Inc (NYSE: COH)'s $2.4 billion acquisition of rival handbag and apparel maker Kate Spade (NYSE: KATE) is finalized, but begs the question: what impact will this have on Coach's stock? What You Need To Know One of the most important factors to consider is Kate Spade's very low...
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'Get Lit': Blend's Data Reveals How Millennials Talk About Weed
Saturday, May 27, 2017 - 7:03pm | 598Meet Blend Blend is a group-messaging app with a focus on content. By adding bots into its chat interface, the company is looking to tap into the “AI revolution,” joining tech giants of the likes of Apple Inc. (NASDAQ: AAPL), Snap Inc (NYSE: SNAP) and Facebook Inc (NASDAQ: FB). The...
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Mario Gabelli Details His Top 3 Entertainment Picks
Friday, May 5, 2017 - 12:26pm | 389Notable fund manager Mario Gabelli of GAMCO Investors is tapping into the minds of millennials to come up with investment ideas in the entertainment industry. Speaking as a guest during CNBC's "Squawk Box" segment, Gabelli said that millennials want "experiences." Granted, many millennials spend a...
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Millennials Would Rather Save For Their Kids' College Education Than Save For Their Own Retirement
Sunday, April 2, 2017 - 12:50pm | 934With an average of $9,100 in student debt, according to TD Ameritrade surveys, millennial parents are all too aware of the financial realities of higher education. About one-third expect to still have loan payments when their children leave for college, and they don’t want their children to...
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Student Debt And Millennial Entrepreneurs: 'Don't Ever Underestimate Your Sweat Equity'
Sunday, March 26, 2017 - 10:08am | 714By Doug Sears The millennial workforce embodies a pioneering mindset, seeing entrepreneurship as an idealized career path, according to recent studies. While data suggests many millennials feel entrepreneurial and aspire to start their own businesses, few do. Business owners under age 30 are small...
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Brian White Sees Snap As More Than A Camera Company
Wednesday, March 22, 2017 - 8:18am | 357Drexel Hamilton’s Brian White sees Snap Inc (NYSE: SNAP) as a “very unique tech company that should not be pigeonholed in a particular industry, or investors risk missing the forest for the trees.” The analyst initiated coverage of the company with a Buy rating and price target of...
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Millennials Poured Into ETFs In February
Tuesday, March 21, 2017 - 8:23am | 491Investors poured $47 billion into U.S.-listed exchange-traded products, including exchange-traded funds, last month. That brought U.S. ETF assets to another record assets under management tally of $2.758 trillion. Millennial investors are proving to be big drivers of U.S. ETF growth. Net flows to...
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Gen X, Millennials Driving ETF Growth
Tuesday, January 24, 2017 - 1:21pm | 440Last year was another banner year of growth for the exchange-traded funds industry. Here in the United States, the world's largest ETF market, ETFs gathered $279 billion in new assets on their way to a record assets under management tally of $2.549 trillion at the end of the year, according to...
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Don't Blame Millennials For Being Terrible Employees
Friday, January 6, 2017 - 12:11pm | 517Leadership consultant Simon Sinek has a message for employers hiring a new generation of millennials: their workforce shortcomings aren’t necessarily their fault. Sinek says employers see millennials as “entitled, narcissistic, self-interested, unfocused and lazy.” While that...
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Learning To Be Parents Means Teaching Your Kids How To Save
Friday, December 23, 2016 - 3:24pm | 782Beginning a family marks a substantial milestone in life, one that usually comes shortly after the milestone of finally discovering what conscientious financial planning actually entails. While you may not be a financial expert, you've finally got some money put away for the future, and it'...
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Last-Minute Holiday Gifts To Millennials, From Millennials
Wednesday, December 21, 2016 - 5:40pm | 715It’s finally here. Christmas and Hanukkah are just days away in what has been a tumultuous year for many, strife with economic volatility and negative sentiments. However, for the first time in millennials’ lifetimes, Christmas and Hanukkah overlap. Serendipitously, perhaps, in a...
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Must-Try Money Saving Strategies For Millennials In 2017
Monday, December 19, 2016 - 4:53pm | 653Whether or not your New Year's resolution is to save more money, it is important for millennials to consider how saving now will improve their future. Yes, retirement can be attainable, and here's how to get there: Consider what you spend the most on and, of those expenditures, what can...