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To: marginmike who wrote (1630)	1/30/2000 12:42:00 AM
From: Whistler30	Read Replies (1) of 35685

MM: IMHO you hit the nail right on its demographic head. An excellent book published here in Canada "Boom Bust and Echo" by an economist and demographer named David K. Foot outlines how demographics and in particular the "baby boomers" have affected virtually every aspect of society they touch, from crime rates to real estate value. In Canada by 2006 the entire boomer generation will be 40-60, the peak years for saving and investment. Furthermore, actuaries estimate that this cohort of 10 million will inherit 500-700 billion ($US) dollars - making an assumption by extrapolating those numbers to Canada + USA = 5-7 trillion. The question is, where are they going to park it? IMO - the stock market for 5-10 years before they start acting their age and roll it over into bonds. It's this belief that helps me hang on during times like this. Regards Whistler

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