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Strategies & Market Trends : Take the Money and Run -- Ignore unavailable to you. Want to Upgrade?


To: Oral Roberts who wrote (14770)8/13/2002 3:25:02 PM
From: MulhollandDrive  Respond to of 17639
 
>>What happens if we get a whole new generation thinking that way?
<<

secular bear.

i was talking with a broker a few weeks ago who has the opinion that we are very close to seeing an entire generation (that would be boomers, btw, those who have had the most at stake) willing to just say no to stocks.

the closer you get to retirement the stronger the fear of the return OF your investment, instead of return ON investment.



To: Oral Roberts who wrote (14770)8/13/2002 10:12:59 PM
From: Susan G  Read Replies (1) | Respond to of 17639
 
What happens if we get a whole new generation thinking that way?

It's already beginning, was discussing with my son putting some of his savings in the market eventually just the other day, instead of having it sit in a barely-any-interest savings account for years to come. His response - hell no, he's only ever getting CDs and savings bonds. PERIOD. He feels any money he puts in the market will instantly be lost.

He's about to turn eighteen, what these kids are seeing now will most definitely affect them and their investment attitudes for the rest of their lives.