A disproportionate amount of smug Millenials here got either lucky or had rich parents

Millenials own just 6% of all wealth. During the same time of their lives Boomers owned 22% and Xlers 12%. So objectively Millenials are much worse off than previous generations. Yet when going through this sub there are so many smug people that claim to make 100k+ a year and "bought" their house at age 25 or 30 and how everyone who does not invest is sooo stupid and financially illiterate and they are so smart and have so much skill. I suspect most of these smug people come from rich families where mommy and daddy supplied a lot of financial funds - or they just got insanely lucky and now confuse luck with skill. You cannot invest if you barely make enough money to afford the necessities. You cannot gamble the few thousand Dollars a year you can save on investing because you need the money as an emergency fund. Also there is no guarantee that "investing" and "compound interest" will increase your money. You also might just lose it all. A down payment is not enough. If I save 5000 a year - thats 200 000 after 40 years. After 4 years I might have the 20 000 necessary for a down payment. But the remaining 180 000 I will save until im 70 are nowhere near enough to pay of the house + maintain the house. So "buying" under these circumstances is financial suicide. If you were able to "buy" a house at age 25 or 30 - then you either got a lot of financial funds from your parents - inherited a lot of wealth - or got insanely lucky. For some just the timing of their birth gave them an enormous advantage that had 0 to do with your supposed and inflated "skill". So just stop with the bs about "investing" and "down payment" and " its your own fault for not doing x while you had circumstances against you that made x impossible" and "Im so smart because Im well of and everyone who isnt investing is financiall illiterate and just stoopid and Im so smart". Just 51% of Millenials are abel to afford a house - a LOT of those only because they inherited or their parents were wealthy. If you eliminate these two categories then the number probably drops down to 30% or less. submitted by /u/Tiredworker27 to r/Millennials link comments
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*Trump’s Christmas Message: ‘ROT IN HELL’*

submitted by /u/Moonskaraos to r/politics [link] [comments]
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Trump’s Christmas Message: ‘ROT IN HELL’

submitted by /u/Moonskaraos to r/politics link comments
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*Pro-Brexit and anti-EU mouthpeice The Express is shocked to find that the benefits of membership are reserved for members only*

submitted by /u/Arola_Morre to r/LeopardsAteMyFace [link] [comments]
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*The 20 Best Home Deals from Amazon’s End-of-Year Sale Event*

Including viral finds, small appliances, and cleaning must-haves! READ MORE...
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*2023 holiday sales fail to meet expectations*

You may not believe it if you had to stand in line to get some last-minute shopping done, but 2023 holiday retail sales failed to meet some expectations despite positive growth over last season. U.S. holiday retail sales (minus auto sales) rose 3.1% year-over-year in the period between Nov. 1 and Dec. 24, according to payment processor Mastercard (MA) - Get Free Report. Related: Stock Market Today: Santa Claus rally has S&P 500 eyeing record “This holiday season, the consumer showed up, spending in a deliberate manner,” said Michelle Meyer, Chief Economist, Mastercard Economics Institute. “The economic backdrop remains favorable with healthy job creation and easing inflation pressures, empowering consumers to seek the goods and experiences they value most.” Despite Mastercard's optimistic tone, the 3.1% increase is lighter than the 3.7% growth the company forecast for the holiday season in September. At the time, Mastercard said it expected personalized promotions to sway a more "selective and value-focused" consumer. But overall, spending growth in 2023 less than half of last year's 7.6% growth. Apparel was a hot gift item this holiday season. Americans seemed willing to spend on apparel this holiday season — the segment saw a 2.4% increase in sales — though they weren't willing to splurge on jewelry (2% decline). Electronics also saw a modest decline (0.4%) while people spent more on eating in (groceries saw a 2.1% increase) as well as eating out with restaurant spending rising 7.8% year over year. Mastercard expected holiday grocery spending to increase nearly 4% while restaurant spending was expected to climb just 5.4%, according to its September report. “Retailers started promotions early this season, giving consumers time to hunt for the best deals and promotions,” said Steve Sadove, senior advisor for Mastercard. “Ultimately it was about getting the most bang for your buck as consumers spent on a variety of goods and services, resurfacing spending trends from before the pandemic.” E-commerce continued to show strong growth, rising 6.3% year-over-year, slightly below its September forecast of 6.7%. Mastercard isn't the only entity tracking holiday spending, and over the coming days and weeks other economic data watchers will be coming out with their own numbers. The National Retail Federation, for example, forecast 2023 holiday spending to rise between 3% and 4% year-over-year to between $957.3 billion and $966.6 billion. "Consumers remain in the driver’s seat, and are resilient despite headwinds of inflation, higher gas prices, stringent credit conditions and elevated interest rates,” NRF Chief Economist Jack Kleinhenz said at the time. “We expect spending to continue through the end of the year on a range of items and experiences, but at a slower pace." Get exclusive access to portfolio managers’ stock picks and proven investing strategies with Real Money Pro. Get started now.
[Read more...](https://www.thestreet.com/retailers/2023-holiday-sales-figures-present-mixed-bag-for-retailers)

2023 holiday sales fail to meet expectations

You may not believe it if you had to stand in line to get some last-minute shopping done, but 2023 holiday retail sales failed to meet some expectations despite positive growth over last season. U.S. holiday retail sales (minus auto sales) rose 3.1% year-over-year in the period between Nov. 1 and Dec. 24, according to payment processor Mastercard (MA) - Get Free Report. Related: Stock Market Today: Santa Claus rally has S&P 500 eyeing record “This holiday season, the consumer showed up, spending in a deliberate manner,” said Michelle Meyer, Chief Economist, Mastercard Economics Institute. “The economic backdrop remains favorable with healthy job creation and easing inflation pressures, empowering consumers to seek the goods and experiences they value most.” Despite Mastercard's optimistic tone, the 3.1% increase is lighter than the 3.7% growth the company forecast for the holiday season in September. At the time, Mastercard said it expected personalized promotions to sway a more "selective and value-focused" consumer. But overall, spending growth in 2023 less than half of last year's 7.6% growth. Apparel was a hot gift item this holiday season. Americans seemed willing to spend on apparel this holiday season — the segment saw a 2.4% increase in sales — though they weren't willing to splurge on jewelry (2% decline). Electronics also saw a modest decline (0.4%) while people spent more on eating in (groceries saw a 2.1% increase) as well as eating out with restaurant spending rising 7.8% year over year. Mastercard expected holiday grocery spending to increase nearly 4% while restaurant spending was expected to climb just 5.4%, according to its September report. “Retailers started promotions early this season, giving consumers time to hunt for the best deals and promotions,” said Steve Sadove, senior advisor for Mastercard. “Ultimately it was about getting the most bang for your buck as consumers spent on a variety of goods and services, resurfacing spending trends from before the pandemic.” E-commerce continued to show strong growth, rising 6.3% year-over-year, slightly below its September forecast of 6.7%. Mastercard isn't the only entity tracking holiday spending, and over the coming days and weeks other economic data watchers will be coming out with their own numbers. The National Retail Federation, for example, forecast 2023 holiday spending to rise between 3% and 4% year-over-year to between $957.3 billion and $966.6 billion. "Consumers remain in the driver’s seat, and are resilient despite headwinds of inflation, higher gas prices, stringent credit conditions and elevated interest rates,” NRF Chief Economist Jack Kleinhenz said at the time. “We expect spending to continue through the end of the year on a range of items and experiences, but at a slower pace." Get exclusive access to portfolio managers’ stock picks and proven investing strategies with Real Money Pro. Get started now.
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*Retro Gaming Watch is like a mini Game Boy SP you wear on your wrist (crowdfunding)*

We’ve seen retro consoles that are tiny enough to put on a keychain. But the Retro Gaming Watch is a tiny game console you can wear on your wrist and use as a watch when you’re not playing games on it. But you can also flip up the screen to reveal a mini game console […] The post Retro Gaming Watch is like a mini Game Boy SP you wear on your wrist (crowdfunding) appeared first on Liliputing.
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*Brick-and-mortar retail remains strong despite inflationary pressures*

Brixmor Property Group owns and operates retail centers that include TJ Maxx, Kohl's, and Burlington. Jim Taylor, the CEO of Brixmor Property Group, joined TheStreet to discuss how inflation is impacting brick-and-mortar retail.Full Video Transcript Below: J.D. DURKIN: We cover the inflation as a pressure point, a potential pain point for a lot of these companies. How is it impacting Brixmor when you see inflation and the connection between the consumer and the pressure point the consumer is facing all the way to your role? JIM TAYLOR: Well, the consumer obviously has been struggling with it. We're very pleased, as I know everybody is, to see inflation begin to moderate, particularly if you've seen the recent durable goods data and more confidence overall that hopefully we'll have a soft landing, which, you know, we certainly haven't been expecting for the last several quarters. For us as a landlord, inflation obviously impacts what it costs us to reposition a box or what it costs us to put in new HVAC systems, et cetera. Fortunately, that's been offset by the growth in rent. And one of the things that we're benefiting from as an industry is that there's virtually been no new supply in the open air industry for several years because of that, bricks and mortar retail narrative is dead. It's been the best thing for the business. So as you look out not only today but for several years to come, you can't really see any new supply because it takes a long time to deliver, to lease up, build, et cetera, which I think puts retail landlords like Brixmor in a great position to continue to drive growth in rent. And that's what we've been doing. You know, we're setting records as it relates to rate and occupancy and leasing volume. So in that way, even with this bit of near-term disruption, we feel really good about how our business is positioned.
[Read more...](https://www.thestreet.com/video/brick-and-mortar-retail-remains-strong-despite-inflationary-pressures)

Brick-and-mortar retail remains strong despite inflationary pressures

Brixmor Property Group owns and operates retail centers that include TJ Maxx, Kohl's, and Burlington. Jim Taylor, the CEO of Brixmor Property Group, joined TheStreet to discuss how inflation is impacting brick-and-mortar retail.Full Video Transcript Below: J.D. DURKIN: We cover the inflation as a pressure point, a potential pain point for a lot of these companies. How is it impacting Brixmor when you see inflation and the connection between the consumer and the pressure point the consumer is facing all the way to your role? JIM TAYLOR: Well, the consumer obviously has been struggling with it. We're very pleased, as I know everybody is, to see inflation begin to moderate, particularly if you've seen the recent durable goods data and more confidence overall that hopefully we'll have a soft landing, which, you know, we certainly haven't been expecting for the last several quarters. For us as a landlord, inflation obviously impacts what it costs us to reposition a box or what it costs us to put in new HVAC systems, et cetera. Fortunately, that's been offset by the growth in rent. And one of the things that we're benefiting from as an industry is that there's virtually been no new supply in the open air industry for several years because of that, bricks and mortar retail narrative is dead. It's been the best thing for the business. So as you look out not only today but for several years to come, you can't really see any new supply because it takes a long time to deliver, to lease up, build, et cetera, which I think puts retail landlords like Brixmor in a great position to continue to drive growth in rent. And that's what we've been doing. You know, we're setting records as it relates to rate and occupancy and leasing volume. So in that way, even with this bit of near-term disruption, we feel really good about how our business is positioned.
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*My stepbrother’s neighbor dug a 4-foot hole and hit a sewer line on Christmas Eve*

submitted by /u/theworldtonight to r/Wellthatsucks [link] [comments]
[Read more...](https://www.reddit.com/r/Wellthatsucks/comments/18quuyz/my_stepbrothers_neighbor_dug_a_4foot_hole_and_hit/)

*Me_irl*

submitted by /u/Gone_Mads to r/me_irl [link] [comments]
[Read more...](https://www.reddit.com/r/me_irl/comments/18r8jrb/me_irl/)

My stepbrother’s neighbor dug a 4-foot hole and hit a sewer line on Christmas Eve

submitted by /u/theworldtonight to r/Wellthatsucks link comments
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Me_irl

submitted by /u/GoneMads to r/meirl link comments
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*My boyfriend and I broke up on Christmas*

We had a lovely evening. He cooked dinner, we exchanged gifts. We went upstairs and somehow we got talking and he said he doesn't love me, he doesn't think he can love anyone, but he enjoys my company. I asked him, is this enough for him? He said yes but he doesn't think it's enough for me. He said I'm far more of a selfless person than he is and I said I think we balance each other out. He then said he doesn't care about the things I care about and doesn't see ever bringing my life into his, with my animals and my friends. I said, "I think you're going to miss me." I got up, took my stuff out of his bedside table, walked out. Realized I forgot my laptop on the sofa. Went back in, he said "what about your gifts?" I just shook my head no, grabbed my laptop, walked back out, and blocked him on everything. There's no coming back from that. submitted by /u/rpaul9578 to r/mildlyinfuriating [link] [comments]
[Read more...](https://www.reddit.com/r/mildlyinfuriating/comments/18r5ey1/my_boyfriend_and_i_broke_up_on_christmas/)

*Погоны в Царской*

Погоны царской армии 1914 года редко упоминаются в художественных фильмах и исторических книгах. Между тем это интересный объект изучения: в императорский век...via forma full 5 https://forma-odezhda.ru/encyclopedia/pogony-v-carskoj-armii/ Manage Unsubscribe from these notifications or sign in to manage your Email service.IFTTT Manage on IFTTT: https://ifttt.com/myrecipes/personal/114580525
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My boyfriend and I broke up on Christmas

We had a lovely evening. He cooked dinner, we exchanged gifts. We went upstairs and somehow we got talking and he said he doesn't love me, he doesn't think he can love anyone, but he enjoys my company. I asked him, is this enough for him? He said yes but he doesn't think it's enough for me. He said I'm far more of a selfless person than he is and I said I think we balance each other out. He then said he doesn't care about the things I care about and doesn't see ever bringing my life into his, with my animals and my friends. I said, "I think you're going to miss me." I got up, took my stuff out of his bedside table, walked out. Realized I forgot my laptop on the sofa. Went back in, he said "what about your gifts?" I just shook my head no, grabbed my laptop, walked back out, and blocked him on everything. There's no coming back from that. submitted by /u/rpaul9578 to r/mildlyinfuriating link comments
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*Форма одежды и знаки*

Форма одежды и знаки различия милиции июнь 1975-12 июня 1990 года. Приказом МВД СССР № 140 от 2.06.1975 г. внесены изменения и дополнения в существующую форму одежды милиции.via forma full 5 https://ift.tt/YnIMopf Manage Unsubscribe from these notifications or sign in to manage your Email service.IFTTT Manage on IFTTT: https://ifttt.com/myrecipes/personal/114580525
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Погоны в Царской

Погоны царской армии 1914 года редко упоминаются в художественных фильмах и исторических книгах. Между тем это интересный объект изучения: в императорский век...via forma full 5 https://forma-odezhda.ru/encyclopedia/pogony-v-carskoj-armii/ Manage Unsubscribe from these notifications or sign in to manage your Email service.IFTTT Manage on IFTTT: https://ifttt.com/myrecipes/personal/114580525
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*Виды и рода войск ВС*

Армия в той или иной степени касается каждого гражданина, поэтому волей-неволей люди осведомлены о ней. Но ведь армия - это слишком обобщенное и абстрактное понятие...via forma full 5 https://ift.tt/TVZMS3I Manage Unsubscribe from these notifications or sign in to manage your Email service.IFTTT Manage on IFTTT: https://ifttt.com/myrecipes/personal/114580525
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