The Dow Jones Industrial Average

Now that the three weeks have ended my final earnings is negative $392. 72. I lost money from the past three weeks from the stock market project. Honestly, I was not surprised of my results. I did not take the time to research into my chosen stocks. Comparing to the Dow Jones Industrial Average I don't come nearly close to it. The Dow Jones is known to range from $17,000. My earnings is negative compared to the positive of the Dow Jones. This has taught me something if I possibly invest in the stock market in the future.

According to Kate Rogers with the Fox Business News “Millennials are the most financially conservative since the Great Depression. And the great recession is

The Dow Jones Industrial Average is very significant in that it is used as a measure of how the economy is supposedly doing. If the DOW were to fall people believe that the US economy will fall. It includes multiple different types of industries, which is why it helps give a representation of how the market is doing. The DOW also helps to compare our market now to our markets in the past (Investopedia). It is also significant simply because of its history. The DOW dates back to 1897; making it an old yet reliable source. One last reason the DOW is widely significant is because it is constantly being refreshed. Its changes are broadcasted every half hour giving people a clear update on how it is doing (New York Times). The NASDAQ is also of

Especially here in Alaska. Things are so expensive and unless you have a really good job you can’t pay everyday bills and save the amount needed. If millennials are saving it will be at a rate that will make them available to purchase when they’re about 30. According to a study I found 68 % of millennials said they have saved less than $1000.00 for a down payment (80 % of millennials say they want to buy a home, By: Ester Bloom). There are a lot of programs out there that can help people get familiar with the homebuying process and programs available for down payment assistance and other housing scholarships. I feel like not too many of millennials know about these, When I started to look for a home buying opportunity I had to find all this on my own.

At the end of last decade, middle schoolers, college students, and young professionals watched in horror as the stock market lost more than half its value over a year and a half span. College savings accounts were decimated, retirement plans postponed, and, in more dire situations, homes and cars were lost.

The Dow is known as the best index of stocks in the United States. The Dow is a price-weighted mean of 30 commonly used stocked traded on the New York Stock Exchange. The Dow, is known as a barometer that shows how shares involved in the largest US companies are doing (“Definition of ‘Dow Jones Industrial Average’”). The Dow Jones Industrial Average is abbreviated as DJIA, and originated from Charles Dow in the year of 1896. The system started with only 11 stocks and later grew into the market that is today (“Dow Jones Industrial Average – DJIA). The Dow is a price-weighted standard of traded blue chip stocks. Wall Street Journal chooses which 30 stocks belong in the Dow, which is a ritual that started at the birth of the Dow. It uses

Among all the generation, Millennials have become the largest generation in U.S in the last two years. Millennials are also the fastest-growing generation of customers in the marketplace, bringing the greatest lifetime value. In addition, Millennials exhibit different attitudes toward employment, sales, and marketing, which are challenging many conventional strategies and approaches.

The stock markets have had an enjoyable ride higher since the election. The S&P 500 stock market index has advanced over 10% since then. The stocks markets have recently reached all-time highs and it is understandable that investors want to be more aggressive. Most of this recent market advance is based upon the belief that the new administration will pursue policies which are favorable to corporate America.

They reportedly feel less of a sense of pride for getting older and entering the workplace than they do a sense of deep-seeded fear and feelings of inferiority. Much of the content populating the web is geared towards the tendency of millennials who resist adulthood, mostly due in part to a feeling of inadequacy. In today’s job market, it is that much harder to gain employment in your chosen field or even an unpaid internship in that which you majored in. Simply put, it’s that much harder to gain the experience one needs to even be qualified for many of the jobs in the market. This, coupled with the idea of helicopter parenting, which creates an inability to detach from parental figures, makes adulthood not only anxiety ridden but also somewhat unattainable. It has often been claimed that millennials are a generation of narcissists. The overall characteristic associated with this generation is easily misconstrued to say that we are a heaping batch of narcissistic A-holes, but the issue really goes much deeper than that. We aren’t refusing to juggle school, a part-time job, and laundry just because we think we’re too entitled. Many millennials, like Amy, from Donatone’s research, don’t possess the skills to handle all of these tasks on a daily basis, and the idea of taking on all of these seemingly normal responsibilities for a twenty-something, is

Millennials in many cities are changing the social norm by turning away from automobile and property ownership. This could be from the fact that our generation grew up in a recession that was far worse than that of the great depression. Having grown up in this recession we learned that if somethings might be unnecessary for day to day life. If you can get by without these possessions than it is not a necessity to own. Where this is the most evident is in the automobile industry. The GI and Silent generations that grew up in the great depression. Millennials are much like those that lived through the depression, and learned that saving money and only spending it only on objects

Millennials tend to be technologically advanced and eager to learn. They also value social responsibility and team-work. They are often seen as impatient and quick to express opinions without having all of the data. Millennials are quick to jump-ship if they do not feel if they are progressing fast enough, often at speeds that might be seen as unreasonable. Dayan (2005) says that about 5.6 million Millennials are about to enter the employment market. Millennials are said to be the most challenging generation for employers.

Assuming Millennials can overcome the financial factors working against home ownership, then they must look at the non-financial factors – which are equally as rough to navigate. Start with job mobility. If a Millennial is lucky enough to find a well-paying job that will support student loan debts and a mortgage, the job is likely non-entry level within an organization. The job may require frequent travel which would decrease time available to maintain one’s house. The job may require relocation – which can be costly if the company is not picking up the cost (and fewer companies are these days). Additionally, technology is creating a more mobile work environment – meaning employees don’t necessarily have to live near their places of employments any more. Work today from your timeshare in Florida and tomorrow from your parents’ spare bedroom. Mobility makes it almost silly for

Gen Y is taking longer to buy houses, and distrust of banks could be to blame. “An Aite survey found that among 20-somethings, more than 1 in 5 reported a decreased trust level in banks over the past year,” (Palmer, Talking Gen Y). In addition to mistrusting banks the job market also slows the generation down because being hired in a recession means Generation Y is being paid less. Kimberly Palmer wrote an article in USA Today that previews the new book, Not Quite Adults, by Richard Stetterson and Barbara Ray. In an interview Ray states, "I think this is going to hang with them for a long time. The kids who start out their first job in a recession earn much lower wages than kids who start out in a more robust economy, so I think this generation will be scarred by the recession” (Palmer, Too Frugal). In Palmer's book, Generation Earn, several statistics clarify the new generation in relation to money. “Two out of three college students take out student loans compared to less than half in 1993, graduates picking their diploma owe an average of 22,000 of credit card debts for this generation and are averaged at $4,000 a person.” (Palmer, Gen Earn). This financial burden will not bring the generation down because the enrollment of graduate students is up 70% since the 1970s making Gen X and Y the most educated generations to date, and also the generations with the greater earning power (Palmer, Gen Earn). So as Generation Y is believed to be late to start their

The Dow Jones Industrial Average and NASDAQ composite are both significant economic indicators. The Dow Jones was created by Charles Dow in 1896. “The Dow” is a price-weighted average of 30 significant stocks, most of which are traded on the New York Stock exchange. The NASDAQ is the National Association of Securities Dealers Automatic Quotation System. It is the first and largest electronic stock exchange in the world, consisting of more than 4000 companies. Both the Dow Jones Industrial Average and NASDAQ are significant gauges of the current state of the economy. However, the NASDAQ is much larger and includes more than 4000 companies, while the Dow Jones only includes 30 companies. All of the NASDAQ stocks are also traded on the NASDAQ

Where stocks are a good thing to invest in there are also some negatives to investing in the market. A big downside is that the value of the stocks is based solely on the company, and you can’t really do much to improve the stock value. Another problem is how the stock value changes so dramatically at times. A stock can go from doing very well to doing the worst it's ever been overnight, but it can also go the opposite way. The biggest problem with that is it is emotionally taxing to the people who worry about it and think about it constantly. Often investors lose money on stocks due to the physiological problems that come up with owning a