Opposite Day (Joshua M Brown, 6/23/17, The Reformed Broker)

Unless the bulk of these millennials are on the verge of buying their first home (doubtful), they should have no more than a few months' salary in cash and very little fixed income exposure.

But they think they're being prudent by going the other way around. Kids, listen up - a lot of you are going to live to 100. Start investing as though you'd like to have some money left once you get there.