Most millennials have a pretty unique view of the financial markets and investing. Many of us witnessed our parents go through the financial crisis which lead to layoffs and net worth’s shrinking back in 2008. This started us off with a negative view of how financial markets and investing works. So when millennials started entering the workforce in masses those who could save money did because we had just witnessed how our jobs could disappear. The positive this created was that we learned to save for tomorrow but many were to scared to begin investing. Meanwhile the market came roaring back and those who stayed invested or decided to begin investing were rewarded handsomely.
Take a look at the S&P 500 returns since the great recession.