Not All Millennials Live With Mom and Dad

The latest homeownership numbers might surprise you [View in browser]( [The Juice Logo] BROUGHT TO YOU BY: [Logo]( Proprietary Data Insights Top Stock and ETF Searches This Month Rank Name Searches #1 Tesla 333,701 #2 SPDR S&P 500 ETF Trust 332,410 #3 Apple 271,601 #4 Eversource Energy 223,335 #5 Amazon.com 186,996 #ad [Your One-Stop Shop for FREE Stock Picks]( Brought to you by [Off-Grid Confidential]( [Invest in a Ticking Time Bomb]( [ Off-Grid Confidential - Invest in a Ticking Time Bomb]( Little-known companies like Grounded Lithium (OTC: GRDAF) are challenging China's monopoly of the resource, giving investors an opportunity to participate in the next "gold rush." Grounded Lithium increased their land by more than four-fold and completed a drill test confirming lithium concentrations on their bases, which are expected to support several 20,000 tonne/yr lithium projects. [Sign up now](. Not All Millennials Live With Mom and Dad In another sure sign we’re living in one of the most bifurcated haves and have-nots economies ever, consider today’s data on millennials. These are the much-maligned 27- to 42-year-olds with the rap of living in mom and dad’s basement because they can’t figure out how to survive on their own. As The Juice [noted a couple weeks ago](: - 19% of millennials live with their parents. - 26% say mom and dad helped them pay for “something” within the last year. - 17% admit that “something” was a rent or mortgage payment. All those numbers trend considerably higher for Generation Z, since they’re younger, between 11 and 26 years old. RentCafe recently released some statistics about millennials – and the other generations – that might surprise you. [Stats] The graph above shows how many people from each generation own homes. 18.2 million millennials have attained this primary element of the American dream. While some of these homeowners require financial support from their parents, the numbers imply most don’t. So chalk one up for millennials. It gets even better. [Graph] Just 17.2 million millennials rent, making it the first time more millennials own rather than rent. They’re setting a high bar for Gen Z. If you have any Gen Zers in your house, it might be time to set some ground rules. Because their attitudes toward when they should start paying their own way indicate they could be in for even more financial pain than (allegedly) non-home-owning, basement-dwelling millennials. According to a recent Bankrate survey, on average, Gen Zers think their parents should help them pay for life’s needs (and some wants) well beyond their teenage years. The most eye-popping datapoint: They think their parents should cover their travel expenses, credit card bills, Netflix subscriptions, and cell phone bills until age 21. While you can argue you need a cell phone, the rest of the items on that list scream discretionary spending. For what it’s worth, millennials think their parents should cover the aforementioned costs until age 20. So it’s pretty close. [Cash Holders STILL Aren’t Taking Steps to Prepare]( Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now – and who’s to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation – absolutely free of charge – to see how you should be prepping for this phenomenon. [Click Here to Learn More.]([Ad] The Bottom Line: Roughly 68% of parents say they’ve made significant financial sacrifices to help their kids with money. 43% have sacrificed retirement savings, and 49% have slowed paying off their own debt so they can help their kids. Some might ask what happened to tough love. Others might claim there’s nothing wrong with giving your offspring a leg up. The Juice sees the merit in both these points. Regardless, more than ever, the macro trends that make for scary headlines are impacting us all differently. 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