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Pastimes : Ask Mohan about the Market
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To: Mike M2 who wrote (14212)2/17/1998 12:47:00 PM
From: MythMan  Read Replies (3) of 18056
 
>>80% of mutual fund money has come into the market since 1990.<<

I've heard this stat thrown around. I believe it exlcudes direct stock ownership. Check around but I think greatest % of stock ownership is in hands of generation ahead of boomers. They, however, won't lose much per se in that their basis is quite low. As for the prior spending habits of brats; well, I enjoyed myself. <g>. One thing you should look at though is the amount of money invested by brats (and others) in real estate during 80's. That money goes to stocks now. I think you have a misconception of the boomer spend history. Splurging went on in the 20's and 60's. Can't blame that on boomers.

Pete
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