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Millennials threaten fine china industry with total lack of interest
How uninvested millennials can increase their hand in the market
Millennial Money founder Grant Sabatier discusses how millennials can become more invested in the market with uninvested millennials Avery Shoemaker and Allie Billock.
By TRACEE M. HERBAUGH Associated Press
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Last summer, I cleaned out the house where my Grandma lived for 60 years.
Every nook and cranny was filled with something — papers, mugs, old photographs, knickknacks, furniture. There were also two complete sets of Johann Haviland china, from plates and platters to an ornate coffee pot.
What to do with all these fancy dishes?
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The reasons not to keep Grandma’s china were many. My family is casual, not traditional. We live in a small home outside Boston and have moved four times in the last decade. Most importantly, I’m kind of a minimalist. I just don’t like having a lot of unnecessary things.
As it turns out, a lot of 30-somethings like me face this quandary.
“Multiple generations of china in one house (or, more specifically, basement) seems to be a common American condition,” said Adam Minter, who wrote the new “Secondhand: Travels in the New Global Garage Sale” (Bloomsbury Publishing, 2019).
The book follows what happens to possessions once they’re donated. Minter was inspired to write it after dropping off his mother’s china at Goodwill. It was the last of his mother's possessions that he and his sister dealt with.
“We put it off, mostly because we know my mother loved it,” Minter said. “But neither of us actually wanted it.”
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