Life is harder for young people now than in the past. Do you agree?
Nowadays, the life of young people seems to be easier than in the past, but we would have to think about the differences between education and work: while the level and quality of education is decreasing, the requirements to get a job are increasing.
Easy education ----> Hard Life
Difficult Education ------------> Easy life
Education is easy, in my country you cannot fail, no student will stay behind means that every student even if he know zero progresses to the next level.
Kids this day have a sensation that they are busy in Instagram , Facebook and WhatsApp or NETFLIX. They achieve nothing but they are busy. Life did not change at all, people are dormant with so many distractions and think they are progressing. They are not. Everything is the same.
Either you learn a new language, or learn how to code or you strive to win in sports or in Music. Kids have to understand that in life you either are a producer or a consumer. Money flows from Consumers to producers. Kids this days are consumers and think they are progressing. I think they will have a surprise because work is just like it always was . Nothing has changed.
Mind something when you are starting your life you can work 14 or 16 hours everyday. I used to do 6am to 6pm in the office. Now with my own kids and a much more active social life I can't work 12 hours a day anymore. Work when you can, you will miss this time when you can progress fast.
My advice to KIDS is below, Mark is spot on
My advice to young people just starting out: Make a list of everything you want and spend the next 10-15 years getting it piece by piece. Work hard, save and invest. Forget about flash until you truly can afford it. Build your trading account, not your car or watch collection.
Mark Minervini
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