Investing in Response to Aging Population
America is in a very unique situation currently where we have more people retiring than entering the work force. This discrepancy in the demographics is in contradiction to most other developed countries, and is the basis of investor Bill Gross’s advice on investment options for the next decade. His advice is to invest more in emerging markets in developing countries. Another piece of advice he offers is to diversify with safe treasury bonds during this volatile time over the next decade as more and more Boomers retire. For more information, read this article Reuters with CNBC.com.