Buyer Beware: Millennials Are About to Learn They Know Nothing About Stocks

By Michael Carr 

Age divides America. Boomers and millennials hold different views. They live different lifestyles. And they are investing in stocks right now with completely different attitudes.

Millennial investors and young traders are in the news lately. Many are on Twitter talking about stocks like Hertz Global Holdings Inc. (NYSE: HTZ) and Chesapeake Energy Corporation (NYSE: CHK). Both companies are in bankruptcy. Bond prices indicate the stocks are headed to zero. Yet they are popular among newer millennial investors who don’t seem to be doing much research on their stocks.

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