Younger Workers Were Taught to Save -- but Not Invest [The Motley Fool]
PNC Financial Services Group, Inc. (The) (PNC)
Last pnc financial services group, inc. (the) earnings: 4/15 06:41 am
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Source: The Motley Fool
Saving for the future is unquestionably important. But if you don't invest simultaneously, you're going to lose out. We all have various goals to save for, whether it's having cash on hand for emergencies, buying a home, or funding a comfortable retirement. And thankfully, most younger workers agree that saving money is important. But while diligently putting money aside each month might help you achieve your immediate financial goals, if that's all you're doing, you're missing a key piece of the puzzle with respect to your long-term goals: investing your money for growth. In fact, a large number of younger workers aren't investing at present, and a big reason why boils down to the fact that they were never taught to do so. Though 62% of millennials claim their parents encouraged them to save money, only 33% say their parents talked to them about ways to increase wealth other than saving part of a paycheck. That's the latest from PNC Investments, which, not surprisingly
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PNC
News
- The PNC Financial Services Group, Inc. (NYSE: PNC) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
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PNC
Earnings
- 4/16/24 - Beat
PNC
Sec Filings
- 4/26/24 - Form 4
- 4/26/24 - Form 4
- 4/26/24 - Form 4
- PNC's page on the SEC website