The Daily Money: Young people take on debt to invest; Wendy's debuts crispier fries
Good morning, it's Nathan wishing you a happy weekend ahead!
🍟 Have you ordered fries for takeout or delivery during the pandemic and been disappointed when they arrived soggy?
NEVER AGAIN.
Wendy's has introduced crispier fries intended to stay tastier longer. The "Hot & Crispy Fries" are arriving at some locations now and will be available nationwide by mid-September, our Kelly Tyko reports.
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On to our ...
💡 INSIGHT OF THE DAY: About 4 in 10 investors have taken on debt to invest, including 80% of Gen Zers and 60% of millennials, according to a recent survey from personal finance site MagnifyMoney. Let's just say that's concerning. “Anyone who takes out loans, debt or margin to access a volatile asset class makes me shiver a bit," said Matt Hougan, chief investment officer of Bitwise Asset Management, the largest crypto index fund manager globally. "You can get into a lot of trouble financially.” Check out Jessica Menton's latest story in our ongoing series on young investors.
📰 And here are more stories you won't want to miss:
1. The pandemic spurred a lot of entrepreneurship: Many people started businesses inspired by their creative passions.
2. Mattress Firm's nightmare might finally be ending: The retailer's CEO tells me the company has stabilized three years after its bankruptcy.
3. Examine your options closely: Here are four things you should know about Social Security survivor benefits.
4. Need to cancel your trip due to COVID? Here's how to cancel like a pro.
5. Heat your meat: Pepperoni, salami and Italian-style meats are being investigated by the CDC for salmonella.
6. Airline pilots are in demand right now. Here's what it takes to become one.
✈️ We'll call that my backup plan if this journalism thing doesn't work out.
--@NathanBomey