This millennial reckons baby boomers have had it 'too easy"

Discussion in 'Property Market Economics' started by Eric Wu, 19th Mar, 2018.

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  1. Eric Wu

    Eric Wu Well-Known Member Business Member

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  2. TMNT

    TMNT Well-Known Member

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    A 25yr old "budding smsf investor"

    Geez. Thanks for the laugh :oops::oops::oops:
     
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  3. Perthguy

    Perthguy Well-Known Member

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    Only in the media.
     
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  4. Cimbom

    Cimbom Well-Known Member

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    I'm more surprised that the journalist thought that was worthy of an article than I am with the content itself
     
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  5. Trainee

    Trainee Well-Known Member

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    25yo student setting up a smsf. There are other roads (shrug). Like getting out there working, investing, starting a business.
     
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  6. sash

    sash Well-Known Member

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    If the kitchen is too hot time to get out......has all of 2 seconds of experience and tries to throw her weight. Seriously.....:rolleyes: More importantly goes public on something like the AFR where the audience is like 70% baby boomers.......:confused:
     
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  7. mues

    mues Well-Known Member

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    I do actually think baby boomers had it the best. The greatest generation gifted them this country in amazing shape. Baby boomers are far more selfish.

    Not that they don’t have the right to enjoy what they made. But that generaltional switch is from one that was focused on building and saving after the Great Depression and wars to a generation who has far less interest in doing the same is marked.

    The other interesting generation at the moment is gen x. Never has there been a generation that has worked as long without a real recession. Gen x and the Millennials are really the children of summer.
     
  8. Eric Wu

    Eric Wu Well-Known Member Business Member

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    Talking about quality of journalism, ;):rolleyes:
     
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  9. Colin Rice

    Colin Rice Mortgage Broker Business Member

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    Socialism and marxism seem to making a comeback in peoples psyches yet still want to enjoy all the benefits that capitalism has to offer.
     
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  10. TMNT

    TMNT Well-Known Member

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    Any funeral insurance sales people on here!?!

    She's an easy sale
     
  11. sash

    sash Well-Known Member

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    Absolute trollop...Gen X had to struggle to get a foot on the career ladder....now they have millenial bosses who have been promoted to level of incompetence.....yet have to rely on the experience of Gen X as the Boomers ride out into the sunset......

     
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  12. Eric Wu

    Eric Wu Well-Known Member Business Member

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    What is that? ;)
     
    Last edited by a moderator: 20th Mar, 2018
  13. Peter_Tersteeg

    Peter_Tersteeg Mortgage Broker Business Member

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    She's a finance and economics student. That level of ignorance is multi generational !
     
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  14. Heinz57

    Heinz57 Well-Known Member

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    Yep it felt real easy
     
  15. sash

    sash Well-Known Member

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    Socialismo or Muerto...viva la revolucion! Welcome Comrade!

    upload_2018-3-19_20-46-15.png
     
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  16. Eric Wu

    Eric Wu Well-Known Member Business Member

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    :D:D:D:D
     
  17. Scott No Mates

    Scott No Mates Well-Known Member

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    Gotta laugh at this serious piece of journalism.

    She hasn't finished uni or started working yet expects to be able to put sufficient into super/smsf to purchase a property? On her first job as a graduate, how much will she earn? $60-80k? Super @9.5% = $5-7k, won't qualify for co-payment, tax will chew up 15%, SMSF fees another $2-3k, establishment costs a few more, legal & financial advice etc.... So she's in debt before she's out of the starting blocks.
     
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  18. Biz

    Biz Well-Known Member

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    Millennials...


    I was thinking, remember that movie BIG? With Tom Hanks? It's a movie about a child trapped in a mans body who scores a job and proceeds to waste his money on random crap. That movie was meant to be a comedy. You couldn't make that a comedy now because it's reality. A generation of kids trapped in a mans body wasting their money on **** and complaining they can't get ahead.
     
  19. mues

    mues Well-Known Member

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    If you want to endulge cliches. This might be more helpful


    Stereotype No. 3: Millennials aren't motivated by anythin
    First of all, this is far from true. Millennials (1980-95) are simply motivated in a different way than the other generations. Baby boomers and Gen Xers had all the motivation they needed when they left home or college: If they didn't work, they didn't eat.

    When millennials left college, they received a very different message. Their parents said, "If you need a place to stay while you find a job, you can always come home." Not only that, but they added, "If you're going to work as long and as hard as I have, make sure you find a job that means something to you." So, now, we have a generation in search of work that has meaning -- it even supersedes having a family and buying a home.**

    At BridgeWorks, we often say that for millennials, meaning is the new money. Of course, every generation wants to make a difference, but millennials want to know how their job is making a difference from day one. No matter the position, they'll want some clarity on how they are positively impacting the company and/or the community. Explain to them how they're making a difference and their motivation levels will skyrocket.
     
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  20. Biz

    Biz Well-Known Member

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    Give them clarity with a boot in the ass, motivate them by threatening them with the sack.
     
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