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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: Seeker of Truth who wrote (43696)12/20/2003 2:23:03 AM
From: Raymond Duray  Read Replies (2) of 74559
 
I agree with the general statements in your post about investing.

Who is talking about investing? I was addressing the art of speculation. I believe "investing" is a concept that may not apply much longer. Demographics are decidedly not in the favor of the LTB&H type individual. The great sell off of "investments", and the subsequent plunge in their value is going to begin in earnest in about 2008 as boomers shift from net savers to net spenders, and won't meet a balance point until 2036 or so.
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