SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Heinz Blasnik- Views You Can Use -- Ignore unavailable to you. Want to Upgrade?


To: Wyätt Gwyön who wrote (878)5/7/2003 8:02:11 PM
From: Win-Lose-Draw  Read Replies (1) | Respond to of 4904
 
there are far too many assumptions that go into that number. it would take a very minor tweak to turn it into +150k.

regardless, whether it's enough or not to sustain 20 years of playing golf in FL is a seperate isssue from whether or not they have a pile of cash/cash-equivalent lying around. as long as they do, that's potential fuel for renewal.

don't know where you've been, but the discussion about correlation between demographics and the stock market has been discussed ad nauseum. i used to think it was an issue, but since this thread has convinced me stocks are going to Zero long b efore then, there won't be an imbalance of sellers because there won't be anyone with anything worthwhile to sell.



To: Wyätt Gwyön who wrote (878)5/8/2003 9:32:31 AM
From: Earlie  Read Replies (3) | Respond to of 4904
 
Darfot:

On the money on the pensions.

While I have cut back on my involvement with institutional money managers, nevertheless there is sufficient contact that I can reiterate your point that the current assumptions are insane..... and many of the guys heading up the portfolios know this but don't want to speak publicly about it.

Within a few years, most folks who think they have a retirement benefit, will realize that they have been robbed blind.

Best, Earlie