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Thread: Tsunami's Account Talk

  1. #1453

    Join Date
    Dec 2009
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    Default Re: Tsunami's Account Talk

    Yes, and this baby boomer is doing so in December. It's nice to finally see some younger minds coming into my agency.

    The flood of boomers retiring and pulling money from the markets was supposed to have caused a major market correction by now...but money printing...low interest rates...and now tax cuts are pushing that back. I hope the eventual correction/recession isn't as bad as some predict. I'm reading Harry Dents latest book, he's always good for depressing reading.

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  3. #1454

    Default Re: Tsunami's Account Talk

    But they dont leave the market when they do..they may get more conservative but they still need to make money...right...
    Every retired person I know is still 60% invested...I just went 50% (from 42%) today..was hoping today would have pulled back a bit..no such luck.

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  5. Default Re: Tsunami's Account Talk

    Quote Originally Posted by Tsunami View Post
    Yes, and this baby boomer is doing so in December. It's nice to finally see some younger minds coming into my agency.

    The flood of boomers retiring and pulling money from the markets was supposed to have caused a major market correction by now...but money printing...low interest rates...and now tax cuts are pushing that back. I hope the eventual correction/recession isn't as bad as some predict. I'm reading Harry Dents latest book, he's always good for depressing reading.
    The Millennials are pumping it in faster than we take it out.

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