To: lurqer who wrote (4356 ) 2/19/2000 11:11:00 PM From: stockman_scott Read Replies (1) | Respond to of 35685
lurqer: I am cautiously optimistic about the next decade..... Yet, I remain FULLY invested in the market. I followed your link to the Amazon review of Dent's new book... <<Amazon.com In The Roaring 2000s, America's favorite optimist, Harry S. Dent Jr., makes the case that demographics drive all economic activity and that, thanks to the current baby boom, we're set for one whale of a good time over the next 10 years. In The Roaring 2000s Investor, Dent shows how to cash in on this boom, then prepare for the worst when the downturn finally hits in the latter part of the decade. Dent believes that the best investment opportunities exist in the stock market--specifically technology, financial services, health care, and leisure stocks. But watch out after 2008, because that's when he thinks the bottom falls out. For these tough times, Dent recommends a shift away from stocks to out-of-favor investments such as bonds and commercial real estate. In addition to investment information, Dent includes a good dose of living advice. He counsels not to be the millionaire next-door, counting change in a darkened living room while the greatest economic boom in history roars past. He writes, "Life should be interesting; investment and financial plan should be boring." Dent's prescription: Understand what drives the economy, then get a financial advisor and learn to enjoy life. Other subjects he touches on include asset allocation, international investing, and tax planning. Some might find Dent's reliance on demographics as an economic barometer a bit too simplistic. But for others, The Roaring 2000s Investor just might be the perfect framework for building an investment strategy into the next millennium. --Harry C. Edwards >> I may even pick up this book (or the audio program). I guess I could order it online from Amazon, hit Borders tomorrow, OR do some value shopping at Costco and get a real deal on the book ---uf might appreciate that <G>. I used to belong to Costco when I lived in Seattle. Yet, I do not even know if they have outlets in the Chicago area. I may just shop online. Some of us have to help keep Amazon in business for a few more months... Don't lurk too much. Many SI members learn a lot from your posts. Who knows, maybe we'll even meet at 'a porch party' someday...!! I wouldn't be surprised if Voltaire would be interested in celebrating the Roaring 2000s with some of his new friends (maybe after the Nasdaq sets a few more records). Have a good weekend. Best Regards, Scott