|
PureBytes Links
Trading Reference Links
|
Donald Thompson wrote:
> FAIRBANKS3@xxxxxxx wrote:
> >
> > Sucker rally? LOL I've been thinking that for almost two years
> now, and I'm
> > always proven wrong. I'm begining to think that the big bear market
> will
> > start only when the very first baby boomer retires and cashes out
> his 401K
>
> I heard some years ago that peak earning years for a boomer is 47-48.
> >From the demographics of the population the peak of this age group
> occures sometime around 2002-2004 or so from what I remember... It is
>
> after that age that the savings rate goes down some because of college
>
> expenses etc.
>
> Don
IMHO the bull market won't make it thru the year 2000 problem.
http://www.year2000.com
Chris
|