News for hackers. Stuff that matters.
Re:Cool Derivatives and Bank Consultants by ryandrake on Wednesday August 19, 2015 @02:30PM (#10087468)
I'm not sure how providing yet another way to trade options is a good way to get millennials to invest, if they don't think the stock market is the best way to save.

Quite honestly if I was a millennial (I'm close), I would not even be thinking about saving, let alone gambling on the stock market, given today's economy. My financial worries would be about exorbitant, growing rent payments, the huge burden of student debt, a dim and worsening job market, automation (which hits low-skill and low-experience workers hardest) and the disappearing opportunity to own a home and start a stable family.

Telling millennials to gamble their nonexistent disposable income on Wall Street financial products is kind of tone deaf, given the economic outlook for this generation.

Re:Cool Derivatives and Bank Consultants by cryoshon on Wednesday August 19, 2015 @02:51PM (#10087622)
Yes, your reaction is similar to mine. I am a millenial.

Maybe once there is stability again there will be investment from millenials. Otherwise, it's another laughable instance of Wall Street not understanding Main Street, as trite as it sounds.

Re:Cool Derivatives and Bank Consultants by roymurdock on Wednesday August 19, 2015 @02:52PM (#10087629)
Agreed. Here's my analysis of the situation, posted as a response to an article on slow income growth:

https://news.ycombinator.com/item?id=10001540