A Note On Protest - January 21
Today, thousands of Americans are protesting social issues, and for good reason. While I commend them, I fear that the focus on social issues during the reign of the Trump administration will cause influencers to ignore the important economic issues we face. Like gender inequality, economic inequality has been a concern since the dawn of time. But unlike gender inequality, economic inequality is getting worse.
Only a few years back, a group of protestors converged on a small public park in the heart of New York City’s financial district, voicing their anger about the growing wealth and income gap, not just between the rich and the poor, but between the rich and everyone else.
Like today’s march to gender equality, the Occupy Wall Street movement caught the imagination of young people, both across the United States and the world. Protests broke out in more than 100 U.S. cities, and many more worldwide. While some thought leaders expressed sympathy, some were quick to write them off.
I’d like to be able to say I’m going to present solutions to the big question of how to create an equitable society with equal opportunity for all. But that’s beyond the scope of my expertise.
In my book the Millennial Advantage: How Millennials Can (And Must) Be The Next Great Generation Of Investors, I offer something humbler but still powerful: the opportunity to take control of your own financial future and, perhaps, restore some balance to wealth distribution on a more personal scale. These remain unsure times, and that’s unlikely to change anytime soon. A rapidly evolving economy driven by technological innovation has all but eliminated the certainties and securities of the past. Which makes it more important than ever for you to exercise control over what you can control: your money, how you make it, how you save it, how you invest it and how you grow it.