Stock Market

What Snapchat Stock Can Teach Millennials About Investing

Just because you use it, doesn't mean you should own it

There's no pretty filter for ugly earnings, folks. Snap’s quarterly results, from revenue to new users, came in lower than expected. These lackluster results sent the stock tumbling over 20% during today’s regular trading hours. As this was many millennials' first foray into the stock market, a lot are left wondering where they went wrong. Here's the important investing lesson millennials can learn from Snapchat.  

The Elephant on the Debate Stage: Financial Illiteracy

Unfortunately, there hasn't been a whole lot of why in the debates. This is particularly true when it comes to the main topic of last Wednesday's kerfuffle: the economy. Whether it's the crash of 2008, the Great Recession that followed, the widening wealth gap, or ballooning student loan debt, both sides are quick to blame the other and Wall Street greed as causes.

But is there a larger issue at work here? A common thread that no one’s thought to point out yet? I think so. I think the why behind a lot of these issues is financial illiteracy...