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Re: Sucker Rally-Boomer note



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Christopher McMurry wrote:
> 
> 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

Not knowing much about it .. .. What is going to manifest first as a
problem..I'm looking at the neat site,,, something about taxes..Hmmm
don