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Are millennials not taking stock in the stock market?
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Many millennials aren't investing in the stock market, mainly out of a lack or funds or understanding of how it works. - photo by Sarah Anderson
Perhaps it's not surprising that a generation that came of age during the recession isn't investing in the stock market, although those that are show a willingness to take risks.

A Bankrate survey found that only a third of millennials own stock, compared to more than half of Generation X investing in the market and slightly less than half of Baby Boomers, according to Bankrate.com. Within the demographic, older millennials close in on the previous generations with about 44 percent of those ages 26 to 35 investing, while only 18 percent of those ages 18 to 25 do.

When asked why they dont invest, Bankrate.com reported 46 percent of all millennials surveyed said they don't have enough money. When the generation was broken down into the older and younger sets, a lack of money was also the most popular answer for the older crowd at 57 percent.

For the younger subset of millennials, the most popular reason given was that they didnt understand the stock market enough to invest, Bankrate.com stated.

The younger you are, the more you should rely on stocks, stock mutual funds and stock ETFs to fuel your retirement portfolio, writes Paul Katzeff for Investors.com. The younger you are, the more time your portfolio has to rebound from periodic setbacks. Which it will."

Millennials that do invest, however, aren't necesarilly risk-averse, as CNN.com noted. In the wake of Brexit and the Dows plunge of 600 points, there's evidence that millennials invested more in the stock market than any other generation.

Millennials who traded the day after the Brexit decision on the retail brokerage platform of Fidelity, a multinational financial service corporation, made 2.7 buys for every sale, according to CNN.com. Amongst Fidelity's more than four million customers, millennials were the ones who took the most risks with their high numbers of stock purchases that day, it added.

Ben Steverman at Bloomberg even called the behavior of millennial stock investors cocky in an article, citing a survey that suggests millennial investors are more likely to be active in a crisis than Baby Boomer, whether it means buying or selling.

It's behavior drastically different from what was seen in millennials a few years ago, CNN.com states. When the U.S. credit rating was downgraded in August 2011 and the Dow consequently plunged 635 points, millennial stock purchases were outnumbered by those from Generation X and on par with the risk-averse Baby Boomers, CNN.com cites as an example.

Part of it is that today, with the economy recovering, millennials have more fulltime employment and are better paid, John Sweeney, executive vice president for retirement and investing strategies at Fidelity, told CNN.com.

It's also a recognition about the need to take more control over their retirement, he said to CNN.com.
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How to avoid 'sharenting' and other paparazzi parenting habits
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A recent study revealed parents often spend up to two hours staging a single photo of his or her child to post online. - photo by Amy Iverson
Before having kids, some people just dont appreciate their friends baby posts. But after having a child of their own, three fourths of new parents jump right on the parental social media bandwagon. If you have become a member of this group, there are some rules to follow for posting responsibly.

Much of a parents worry is how to teach their children to use social media responsibly. We talk with our kids about privacy, oversharing, and setting restrictions on their devices to keep them safe. But parents themselves need to look in the digital mirror once in a while. Before having children, it doesnt take as much effort to think about what to post online. Its up to us to decide what we share about our own lives. But once you become a parent, there are many questions to think about regarding what is appropriate to post about your kids on social media.

In a recent survey, kids clothing subscription company Mac and Mia surveyed 2000 new parents to find out how they are documenting their kids lives on social media, and what concerns they may have.

First of all, people without children seem to feel a bit differently about the onslaught of baby pictures online than those who are parents. 18 percent of people say before they had kids, they were annoyed by their friends baby posts. But after having children of their own, 73 percent admit they post progress pictures of their little ones every single month.

Not only are new parents letting the world know each time their baby is a month older, but they are posting about their kids every few days or so. Men and women report they post 6-7 times per month about their baby.

And while 70 percent of new parents say the benefit of using social media is how easy it is to help family and friends feel involved, there are some downsides. Here are a few tips to avoid the pitfall of becoming paparazzi parents.

Dont miss the moment

In the Mac and Mia survey, some parents admitted to spending up to two hours to get the perfect shot of their baby. That seems a little extreme. New and old parents alike should be careful about spending so much time taking pictures and videos that they dont enjoy the moment. Years ago, I decided to never live an experience through my phone. A study by Linda Henkel, a psychology professor at Fairfield University in Connecticut, found that when people took pictures of objects in an art museum, they didnt remember the objects as well as if they simply observed them.

This photo-taking impairment effect can happen to parents as well. If we are so consumed by getting the perfect photo, we can miss out on the moment all together, and our memory of it will suffer.

Dont forget about privacy

60 percent of couples say they have discussed rules and boundaries for posting their babys photos, according to the Mac and Mia survey. Even so, men are 34 percent more likely to publish baby posts on public accounts. If parents are concerned about their childrens privacy, keeping photos off of public accounts is a given.

In the Washington Post, Stacey Steinberg, a legal skills professor at the University of Florida, and Bahareh Keith, a Portland pediatrician, wrote that sharing too much information about kids online puts them at risk. They write that all that sharenting can make it easier for data thieves to target out kids for identity theft. Check that your privacy settings are where they should be and never share identifying information like full names and birth dates.

Dont be paparazzi parents

36 percent of parents say they take issue when their childs photo is posted online by someone else. Responsible social media users will always ask permission before posting a photo of another child. But parents should also think about whether their own children will take issue with their own posted photos a few years down the road.

When parents are constantly snapping pictures and throwing them on social media, it can be easy to forget to pause and make sure the post is appropriate. I always use the billboard example with my kids. I ask them to picture whatever they are posting going up on a billboard in our neighborhood. If they are okay with that, then their post is probably fine. Parents should ask themselves this same question when posting about their children. But they should also ask themselves if their child would be OK with this post on a billboard in 15 years. If it would cause embarrassment or humiliation, it might be best to keep it private.

Once children reach an appropriate age, parents should include them in the process of deciding what pictures are OK to post. Researchers at the University of Michigan surveyed 10- to 17-year-olds and found children believe their parents should ask permission more than parents think they should. The kids in the survey said sharing happy family moments, or accomplishments in sports, school and hobbies is fine. But when the post is negative (like when a child is disciplined) or embarrassing (think naked baby pictures or messy hair), kids say to keep it off social media.
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