Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : World Outlook -- Ignore unavailable to you. Want to Upgrade?

To: Don Green who wrote (471)	6/13/1998 1:10:00 PM
From: Chas.	Read Replies (1) \| Respond to of 49126

Don...... I cannot give actual numbers but I believe 50% or more of the WW2 adults, say 18 years old in 1941, who would now be 75 years old, have passed on to their "great reward" that money that was passed on thru inheritance, etc has for a large part gone into each and everys day to day living style of which a goodly portion is probably in an IRA or directly into a self managed Mutual fund, etc, etc,,,,,I suspect the additional new monies as the last 5 years monies, are going into the market because of the" Greed factor" not because it is the only place that can handle large amounts of money.........nowadays everyone thinks the market (mutuals mostly) are the safe way to invest and double or triple investment. Banks interest rates, CDs, are so low that nobody is investing there anymore......the mutuals are obviously the new way to save your money (conventional wisdom???) It's all a house of cards.......and the mutuals will be the first to go when it starts to come down..........chuck