Every day a new article pops up about the latest thing that Millennials “killed.” The list ranges from beer and napkins, to running and marriages. This is the way life goes; previous generations typically bemoan the perceived faults of the current as they begin to transform the economics of the day and redefine societal norms.
Each generation is different. Millennials might have simply pushed some of life’s bigger responsibilities back a few years, unlike say Baby Boomers or even Generation Y. But for all the stories of ruin and doom, the stock market is chugging along at unprecedented rates and the economy is humming while new technologies transform the world.
In fact, in some cases, Millennials themselves have disproportionately created positive, long-lasting economic changes, making investors from older generations a lot richer. And as Millennials begin to age, many will begin to pump even more money into important corners of the economy, and soon enough, the negative focus will shift to the soon-to-be scrutinized Generation Z.
With that said, let’s take a look at five stocks that might benefit from the aging Millennial generation.