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Will Baby Boomers Sink the Economy and Your Portfolio?
Investing styles and personalities have always run the gamut – from value hounds to growth-stock sleuths and everything in between. As for me, I’m the resident “awfulizer;” while my colleagues dig into financial statements to uncover the next 10-bagger stock, I’m looking out for risks and threats. And lately I’ve been obsessed with figuring out the effect that baby boomers will have on the stock market over the coming years. This aging population – the 78 million Americans born between 1946 and 1964 – hasn’t saved enough for retirement or forced the government to properly fund their entitlements. As a result, they’ll be a drag on the investment markets for decades…Read More
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