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Thread: Tsunami's Account Talk

  1. #1453

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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

    Join Date
    Mar 2013
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    Bloomington, Indiana
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    175

    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. #1455

    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.

  6.  
  7. #1456

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    Default Re: Tsunami's Account Talk

    What a tough week for WSU alumni/students/athletes/coaches, and most of all Tyler Hilinski's family.
    I'm changing my avatar for the duration of 2018 in his honor. RIP Tyler!

    https://pbs.twimg.com/media/DJaJ17IV4AAMG7m.jpg (taken after the Boise St. game in which Luke Falk broke his wrist; Tyler came in and brought WSU back from 21 points behind in the 4th quarter to win)

    https://twitter.com/hashtag/TylerStr...dbye-113972051

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  9. #1457

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    Default Re: Tsunami's Account Talk

    If I understand this right it looks like returns should greatly diminish but a recession should be 2 or 3 years away....

    Dealing with a runaway market | RecessionAlert

    I'd agree if a big infrastructure bill gets passed this year since that money would take a couple years to work through the economy.

    Hmm, I'm with Jay, we need more holidays!

    Happy Holidays Revisited | Jay On The Markets
    Last edited by Tsunami; 01-28-2018 at 10:29 PM.

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  11. #1458

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

    Hmm, and add Fed days to holidays too...

    https://seasonax.com/news/fomc-meeti...ising-right-no


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