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Strategies & Market Trends : Companies that will profit from the Baby Boom

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To: Mark Rutheiser who wrote ()8/27/1997 4:17:00 PM
From: Rich Goldsmith   of 43
 
I can't find the article now, but a VP at John Hancock came out with a
bull run theory for the next 10 to 15 years based on the boomer theory. Something along the lines of US Dept of Labor studies show spending peaks at 49 (46, 49 close enough for government work), at which point saving for retirement takes over, hence mega bucks flowing into the market. Ergo, pick your investment strategy and get in -- at least for the time being. Mine is go for value over growth, mostly large cap, but at least 25% small cap, 20% off shore, 10 to 20% in growth.

I look for the market to go up for the next five years, maybe longer. But at some point the boomers are going to realize that the market is about as worthwhile as SS (screwed again!) due to the inflated price to which stocks will be driven by too much money chasing a set number of stocks. Then we get a BIG downturn as people start to sell. Anyone buy into this? Or do I need to start a 'Crash in 2001' thread?

Regards,

Rich
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