Gyroscopic Investing

It'll be interesting to see what the new attitudes are.  I can't imagine the Millenials understand the concept of frugality and not showing off given the crap the media's been showing since the original Beverly Hills 90210.

MachineGhost wrote: It'll be interesting to see what the new attitudes are.  I can't imagine the Millenials understand the concept of frugality and not showing off given the crap the media's been showing since the original Beverly Hills 90210.

I think we will be fine.

Kriegsspiel wrote: I think we will be fine.

You don't count.

MachineGhost wrote:

Kriegsspiel wrote: I think we will be fine.

You don't count.

Do I not count either? Which Millennials do count?

MachineGhost wrote: I can't imagine the Millenials understand the concept of frugality and not showing off given the crap the media's been showing since the original Beverly Hills 90210.

I think Millennials understand frugality a lot better than most Boomers do, although by necessity more than choice.  The economy they've experienced is much different. 

Thomas Stanley will be missed.  Millionaire Next Door is a financial staple that helped many people think about life beyond consumerism. 

Pointedstick wrote: Do I not count either? Which Millennials do count?

Nope, not you either.  Who counts is all the idiotic ones not on this forum. 

[quote=MachineGhost]It'll be interesting to see what the new attitudes are.  I can't imagine the Millenials understand the concept of frugality and not showing off given the crap the media's been showing since the original Beverly Hills 90210.[/quote]

When I saw "...original Beverly Hill..." my mind inserted "...billies".

I think your point is made with either show.

I generally hate generationalism.  But if anyone has given up the right to be judgmental of other generations, it's baby-boomers.  Sure, responsible baby boomers can be judgmental of irresponsible people, but they need look no further than their cohorts, or perhaps (gasp) just irresponsible people in general without resorting to generationalism at all.  No need to focus on millenials, wagging fingers for a different breed of entitlement than your crowd has been practicing for years, now.

[quote='moda0306]I generally hate generationalism.[/quote]

I thought my conflation of "Beverley Hills 90210" with the "Beverley Hillbillies" nicely brought the generations together...

My kids are millenials.  They grew up in a world of plenty, trophies for showing up, etc.  Yet, they are pretty good.  They are good with money, frugal at times, seeing the problem of too many possessions, good employees, etc.  It's a relief, I tell ya. 

Gen X rulz, dudes!  Totally.

My stepdaughter and her husband are Xs. They are definitely among the least frugal people I have ever known.
On the other hand, my wife and I are Boomers. She retired about 10 years ago, and I could retire if I wanted to. Indeed I have "retired" a couple of times only to be brought back into the workforce by offers I didn't want to refuse.