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Strategies & Market Trends : Companies that will profit from the Baby Boom
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To: Mark Rutheiser who wrote (31)8/27/1997 6:10:00 PM
From: DVAN   of 43
 
Mark:
A couple msgs ago, Cary Chubin pointed out that the peak of boomer spending was at age 46. I'd also heard (not sure if it was on SI), that the average age at which people generally STOP buying and start investing is age 49. Since the average age of the boomers right now is 50 (one every 7 seconds!!), that would explain the recent boom in the market ("Uh oh, Jimi, we're gettin' old! Better start savin' quick!!"). It would also tend to indicate that the spending boom is past, at least until they retire.

I think one could safely argue that the next 10 years or so will be investment years, after which one might consider the retail sector for the next boom.

Your thoughts?
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