Posts like this shows that most people here have no clue what they are doing. Ofc. the old folks are holding the majority of the wealth. How is that a suprise? Same goes for knowledge and experience, but somehow this sub cant understand that 50 years of compounding interest is doing a better job than your millenial but working for 5 years?
Like cmon people, stop being so naive. Thats the cycle of life. You all are acting like entitled people for not being a millionaire yet before age 25. And you all also wouldnt complain if you were on the other side of it. Also there are more than enough opportunities to become wealthy for us young folks. Power of the internet is no joke, you dont even need to leave the house anymore to earn $$$.
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