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

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

Join Australia's most dynamic and respected property investment community
  1. Eric Wu

    Eric Wu Well-Known Member Business Member

    Joined:
    8th Oct, 2016
    Posts:
    1,602
    Location:
    Australia
    Lions4Eva and Perthguy like this.
  2. TMNT

    TMNT Well-Known Member

    Joined:
    23rd Jul, 2015
    Posts:
    5,572
    Location:
    Melbourne
    A 25yr old "budding smsf investor"

    Geez. Thanks for the laugh :oops::oops::oops:
     
    Player, Lions4Eva, Colin Rice and 3 others like this.
  3. Perthguy

    Perthguy Well-Known Member

    Joined:
    22nd Jun, 2015
    Posts:
    11,767
    Location:
    Perth
    Only in the media.
     
    Nir, Colin Rice and Eric Wu like this.
  4. Cimbom

    Cimbom Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    1,560
    Location:
    Back in Canberra!
    I'm more surprised that the journalist thought that was worthy of an article than I am with the content itself
     
    Archaon, Shazi, Terry_w and 1 other person like this.
  5. Trainee

    Trainee Well-Known Member

    Joined:
    24th May, 2017
    Posts:
    10,047
    Location:
    Australia
    25yo student setting up a smsf. There are other roads (shrug). Like getting out there working, investing, starting a business.
     
    Shazi, Lions4Eva and Eric Wu like this.
  6. sash

    sash Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    15,354
    Location:
    Sydney
    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:
     
    Shazi and Eric Wu like this.
  7. mues

    mues Well-Known Member

    Joined:
    17th Feb, 2017
    Posts:
    396
    Location:
    Melbourne
    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

    Joined:
    8th Oct, 2016
    Posts:
    1,602
    Location:
    Australia
    Talking about quality of journalism, ;):rolleyes:
     
    Nadine Cross likes this.
  9. Colin Rice

    Colin Rice Mortgage Broker Business Member

    Joined:
    9th Jul, 2015
    Posts:
    3,183
    Location:
    Perth
    Socialism and marxism seem to making a comeback in peoples psyches yet still want to enjoy all the benefits that capitalism has to offer.
     
    Arthurark, The_Billy, SMTY and 17 others like this.
  10. TMNT

    TMNT Well-Known Member

    Joined:
    23rd Jul, 2015
    Posts:
    5,572
    Location:
    Melbourne
    Any funeral insurance sales people on here!?!

    She's an easy sale
     
  11. sash

    sash Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    15,354
    Location:
    Sydney
    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......

     
    Antoni0 and Bender12 like this.
  12. Eric Wu

    Eric Wu Well-Known Member Business Member

    Joined:
    8th Oct, 2016
    Posts:
    1,602
    Location:
    Australia

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

    Peter_Tersteeg Mortgage Broker Business Member

    Joined:
    18th Jun, 2015
    Posts:
    8,066
    Location:
    03 9877 3000
    She's a finance and economics student. That level of ignorance is multi generational !
     
    Eric Wu and Colin Rice like this.
  14. Heinz57

    Heinz57 Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    1,933
    Location:
    Paradise
    Yep it felt real easy
     
  15. sash

    sash Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    15,354
    Location:
    Sydney
    Socialismo or Muerto...viva la revolucion! Welcome Comrade!

    upload_2018-3-19_20-46-15.png
     
    Whitecat, Eric Wu and Colin Rice like this.
  16. Eric Wu

    Eric Wu Well-Known Member Business Member

    Joined:
    8th Oct, 2016
    Posts:
    1,602
    Location:
    Australia
    :D:D:D:D
     
  17. Scott No Mates

    Scott No Mates Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    26,887
    Location:
    Sydney or NSW or Australia
    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.
     
    Antoni0, Lil Skater and kierank like this.
  18. Biz

    Biz Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    2,517
    Location:
    Investard county
    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

    Joined:
    17th Feb, 2017
    Posts:
    396
    Location:
    Melbourne
    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.
     
    gty12 and Bender12 like this.
  20. Biz

    Biz Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    2,517
    Location:
    Investard county
    Give them clarity with a boot in the ass, motivate them by threatening them with the sack.
     
    Whitecat, Shazi, wylie and 2 others like this.