Wiki So Far
Although I have yet to contribute
any content to our class wiki, I’ve continuously been gathering research on the
side in regards to millennial investing. As most of you may know, our
generation is widely considered to be one of the worst at saving and spending
money. To negate this perception, companies such as Acorns and Student Loan
Genius are working on creating platforms which enables millennials to save
money for activities such as retirement and student loan pay down. With Acorns, millennials
are now able to invest their spare change into a diversified investment platform,
which could then store the returns in a small IRA account. On the flip side,
with Student Loan Genius, millennial employees could now ask companies who
currently have a partnership with the firm to deploy a part of their paycheck
towards their student loan pay down, rather than a traditional retirement
account. As of right now, I’m debating between creating a new wiki page for
this subject, or just storing the information underneath one of the subsections
in the “Banks” wiki page.
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