Millennials are probably tired of hearing that theyre not doing as well as their baby-boomer parents. But with every 1,000-point drop in the Dow Jones Industrial Average, their fortunes are brightening.
Sure, discount brokers may sell products that make them the most money, but thats not what they tell investors. For decades, they've marketed themselves as an alternative to the widespread conflicts on Wall Street.
The fiduciary rule is another disclosure rule -- without it, firms wont give investors the information they need, because they profit from keeping their clients in the dark.
The best time to save for retirement is when we begin our careers, but that's when most of us have no money. Here's what the government and employers can do to help.
Poor millennials. Up to their ears in student debt. Facing stagnant wages. Beset by obscene housing costs in the big cities where they are most likely to land a job if they can land a job, that is.