Chris DeSimio

According to the 2012 census report, a record 36% of all millennial-aged adults lived with their parents. Due to the economic downturn, slow job market, and high college loan debt, adult children are staying at home longer or returning to live with their parents. 

  As the stock markets continue their wild swings, some financial experts are calling the volatility we’'ve experienced during the last several months the “new norm” for 2015, which is not welcome news to the average investor. Joining us to look at the current markets and discuss smart ways to invest your money for the long haul are Crit Thomas, senior investment strategist with Touchstone Funds; and, local financial advisor Chris DeSimio.

Over the last week the stock market has been a rollercoaster ride, with the Dow Jones Average gaining or dropping hundreds of points from one session to the next. Joining us to look at the recent market volatility and discuss ways to invest your money for growth are Michael Schroer, managing partner and chief investment officer with Renaissance Investment Management; and local financial advisor Chris DeSimio.

Millennials, those aged 18 to 35, are terrible at saving money for retirement. That age group is the only one with a negative savings rate. 

The current national average cost of attending a four-year public college is more than $28,000 per year; for a four-year private college that yearly price tag is now over $59,000. And those costs will continue to rise. 

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