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Strategies & Market Trends : Companies that will profit from the Baby Boom
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To: Les H who wrote (35)9/2/1997 9:31:00 PM
From: DVAN   of 43
 
Correct me if I'm wrong, but aren't spending and investing two distintly DIFFERENT behaviors? Usually one or the other is predominant at a given time.

The boomers are investing, INSTEAD of spending because they're realizing that their spending habits of the last 10-15 years were painting a bleak picture of retirement.

Or do they have SO much money, they can afford to spend AND invest at unprecented rates?
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