The Economy Will Continue to Deteriorate At A Vicious Clip

I'm long and hoping. Commodities and energy of all things. many shares I bough 100-150 dollars ago.

I am the proverbial "bag-holder," the dumb money.

luckily I have a 30 year time horizon...
 
you'll need the 30 years.

I have a question: is there any data on baby boomer withdrawls? I'm just wondering how many of them are still holding on and how many have cashed in the chips. These guys have only a 5-10 year horizon and have made no money in the last 10 years.
 
Quote from Mav88:

you'll need the 30 years.

I have a question: is there any data on baby boomer withdrawls? I'm just wondering how many of them are still holding on and how many have cashed in the chips. These guys have only a 5-10 year horizon and have made no money in the last 10 years.

It's been 8 years or so since I saw any data but boomers had delayed investing and were making up for it by investing a lot.

Again, that was 8 years ago, though. Be interesting if anybody else has any data.
 
sphira

smoke and mirrors by the men behind the curtain -

DOW 3000 by 2010

=====================================

Agreed on, good call sphira!

DOW 3800/4100 by 2010.

First stop at 5777, to 6000 (MAYAN CALENDAR).

NEW BULL MARKET starting in 2012. (MAYAN CALENDAR.)



trade well

perr
 
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