Saturday, September 09, 2006

Boomer Investing

Building your nest egg. Wise investing. Smart investment strategy. How many ads do you see everyday telling you with whom to best invest your money? I note that most of the investors depicted are aged 45 plus. How is it that we can all be in the stock market at the same time, use the same nifty management tools, watch the same talking heads and all make a profit? Common sense would indicate that for each sale of stock that makes me money someone somewhere must lose money. So how is it that all of us aged 45 and over can count on making enough money in the stock market to cover our retirement years? When the first of the baby boomers start selling their nest eggs in 2008, to whom will they be selling? If there are more sellers than buyers will the value of my nest egg decline?

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