Image Credit: Alex Nabaum
By Jason Zweig | Updated Jan. 24, 2020 3:47 pm ET
A few days ago, a smart 22-year-old asked me how to invest some savings from her first job. I advised her to open an individual retirement account. When she found out she couldn’t withdraw it without penalty until she turns 59 1/2, she shot back: “By then the planet will be a rotating cinder!”
The many young people who seem to share her gloomy view of the future should read the new book by Laurence B. Siegel, Fewer, Richer, Greener. In it, he proclaims, “We are on the verge of the greatest democratization of wealth and well-being that the world has ever known.”….
To read the rest of the column:
https://www.wsj.com/articles/why-invest-a-22-year-olds-tough-questions-about-capitalism-11579882164
For further reading:
Books:
Laurence B. Siegel, Fewer, Richer, Greener
Benjamin Graham, The Intelligent Investor
Jason Zweig,The Devil’s Financial Dictionary
Jason Zweig, Your Money and Your Brain
Jason Zweig, The Little Book of Safe Money
Articles and other resources:
Laurence B. Siegel, “A Blueprint for a Prosperous, Sustainable Future”
Laurence B. Siegel, “Fewer, Richer, Greener: The End of the Population Explosion and the Future for Investors” (24-page article)
Amazon’s 49,000% Gain: The Most ‘Super’ of ‘Superstocks’ Since 1926