Ride the Global X Millennials Thematic ETF Wave
Before I get into today’s Trade of the Day, I have some rather exciting news…
We’re officially launching The War Room tomorrow!
Yes, it’s finally here. On May 8 at 1 p.m. ET, I will go live with my 7-Figure Trader Summit, which unveils the project you’ve been hearing about for nearly the last year. If you haven’t already done so, sign up for this unprecedented event by clicking the banner below.
Now on to today’s Trade of the Day…
I’m sure you’ve heard about the enormous spending power that’s now occurring with millennials.
A millennial is someone with a birthday between 1981 and 1996. And right now, the oldest millennials are turning 38, which is the beginning of their prime spending years.
According to demographic data, consumer spending is the highest between ages 35 and 49, and then it begins to taper off with those over 50. Barron’s just revealed that millennial spending will account for 25% of total U.S. retail sales in 2020, which is $1.4 trillion annually.
From an investment standpoint, what’s the simplest, safest and perhaps even the most profitable way to play this enormous spending shift?
Well, that’s simple: Buy the Global X Millennials Thematic ETF (Nasdaq: MILN).
The Global X Millennials Thematic ETF is a thematic exchange-traded fund. That is, it attempts to structure its holdings around a certain trend or spending theme. In this case, that trend is the spending power and preferences of the millennial generation.
This is one of the newer ways to categorize ETFs – and it sounds more interesting than “consumer discretionary” or “consumer staple.”
Seems to me like the finance guys are getting a little creative, and they’re exercising their marketing muscle.
Regardless of the name, it’s clear the Global X Millennials Thematic ETF is worthy of your investment consideration. This past week, it hit a record high and is up 21% year to date. And from a timing perspective, this recent Chinese trade war sell-off could offer you a great opportunity to enter it.
As an owner of the ETF, you’ll get exposure to these top holdings:
- VF Corporation
- Booking Holdings
Action Plan: Millennial investors love exchange-traded funds. According to a Charles Schwab survey released back in June, 9 out of 10 millennials now believe ETFs are important to have in their portfolios. With the Global X Millennials Thematic ETF, you can own full exposure to millennial preferences, spending patterns and lifestyles – all with one simple play.
What are members saying about The War Room? See some of the notes we received yesterday…
- “Ah, how sweet it is when the sniper sale does the work. Saw the IBB sale notification an hour after the close and thought I missed it, but the $1.60 sniper sale hit for a 33% gain from a $1.20 entry. Thanks, Bryan!” – Tony T.
- “In IBB @ $1.17, out @ $1.84.” – Thomas P.
- “I got 30% on IBB and 30% on Twilio. Thanks!” – Frank C.
- “IBB open at $1.16, closed at $1.40. Thank you, Bryan” – Werner E.
- “IBB open at $1.20, closed at $1.45. Good for 20%. Thanks again Bryan and The War Room!” – Kevin W.
If you want to start hitting these winners, then sign up here!