Millennials’ Worst Enemy
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 29 September 2015
⏱️ 17 minutes
🧾️ Download transcript
Summary
A recent article made the case that it’s wrong for Millennials to save & invest money. Columnist Morgan Housel stops by the studio to offer a polite rebuttal. Plus we discuss energy prices, proxy voting, and the lure of going out for coffee.
Transcript
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| 0:00.0 | It's Tuesday, September 29th. |
| 0:03.0 | Welcome to Mark of Poory. |
| 0:04.0 | I'm Chris Hill joining me in studio today. |
| 0:06.0 | The one and only Morgan Housall. |
| 0:08.0 | Happy Tuesday, my friend. |
| 0:10.0 | Same to you. Happy National Coffee Day. |
| 0:12.0 | Is that right? It is National Coffee Day. Is that right? |
| 0:12.8 | It is National Coffee Day, yes. |
| 0:14.5 | Every day is National Coffee Morning for me, though. |
| 0:16.8 | I was just gonna say, if- |
| 0:18.2 | Does coffee consumption go up today? |
| 0:21.1 | It probably does because you've got some promotions where people like I shouldn't say people |
| 0:27.2 | businesses like Dunkin Donuts and crispy cream or have various promotions where they're giving away free, just straight coffee, just a medium. |
| 0:37.0 | You know, not the drinks, not the cappuccino, all that sort of thing, not the espresso drinks, but sure, why why not can you explain something to me real quickly yeah |
| 0:44.7 | we have free Starbucks coffee here in moly full offices I think it's peats |
| 0:50.7 | no it's Starbucks. Okay. Free. Yes. Many people including yourself choose to go across the street, |
| 0:57.6 | wait in line and buy it. Can you explain this to me? |
| 1:00.3 | It's a great question. |
| 1:02.8 | I think, I'll just speak for myself. |
| 1:05.1 | You just hate money. |
| 1:06.2 | You know what? |
| 1:09.8 | We're going to get on that topic in a second, we treat money all of us. Part of it for me is just |
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