Saving accounts? 0.1% interest isn’t going to help at all in building wealth. ❌
Real estate? Housing prices are so expensive millennials can barely afford to own their own house, let alone invest in rental property.❌
Higher education? A degree is so common nowadays it doesn’t confer any extra advantage. PhDs are in oversupply, many are stuck in low paying adjunct positions. (Ok this is a partial tick ✅, but no one is going to get rich just by having a higher degree.)
Stocks? Partial tick ✅ only for Frontier Technology like Electric Vehicles. No one is going to get rich investing in Apple, Amazon, FaceBook in 2021, the time for that has passed 10 years ago.
Crypto’s institutional adoption only really began this year in 2021. DeFi started less than 5 years ago in 2018-2019, but again really became popular only recently. Crypto (those of good quality) is literally one of the most promising things a millennial can invest in.
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