bradaz2488
Recycles dryer sheets
- Joined
- Aug 12, 2013
- Messages
- 275
Just watch a documentary last night on Netflix's called "The Minimalists". I know it is not a new concept to most people and has been discussed in some threads when people downsize or simplify their lives before/after retirement. I do like the idea of reducing the "stuff" in our lives. However, then got me thinking if everyone adopted this thinking and behavior we would most likely see high unemployment and a big drop in the stock markets because everyone stop buying stuff they really do not need. I know this is probably not going to happen because these people are addicted to spending for temporary gratification and are not going to change. This concept seems to appeal more to the "Millennial" generation so it kind of concerns me that over time it will have a impact to the economy and my portfolio . Then I wonder if the Millennial's are the new "Hippie's" of the 1960's that will eventually become the "yuppie's" of the 1980's-2000's. Personally (age 53) I see ourselves reducing or moving our speeding from "stuff" to experiences (i.e. travel) or to supplement healthcare costs. I'm not trying to make any point here. Just wanted to see if anyone saw the documentary and had any thoughts on this topic.