SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Wally Mastroly who wrote (9677)11/4/1999 10:26:00 PM
From: Lars  Read Replies (1) of 15132
 
Wally,

>>>
Lars, .."Buy first, worry later....."
>>>
Great link. I don't doubt the premise of the article at all. The wealth effect is very misleading. I will have to dig it out sometime but I have this article detailing the specifics of boomer wealth.

As far as the boomers cashing out in 10 years according to Dent. I doubt it. Then what will they do when they are already underfunded for retirement. Buy bonds? I think the boomers will be working a helluva long time in many cases and keeping a good portion of financial assets in the market.

If anything I think they will sell their homes. That is where a large part of them will have their net worth, from buying too much house.

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News