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Baby Boomers affect on Market
Warning: newb post, rambling and many general questions.
With the Baby Boomer generation reaching retirement and cashing out their nest eggs, How is this likely to change the market? and how much does this affect you? Is this something that is frequently discussed in investment forums,conversations and articles? I would assume, the fact that baby boomer generation is reaching retirement will affect the market. But how much? Personally, and as of now I will still invest in the stock/mutual fund market. But, I feel that from looking at history and taking "the boomers" into consideration, diversification is very important. Assuming that many of the boomers cash out, and the market takes a hit on a whole, what areas of the market will suffer the most? Also, do certain generations invest in different stocks? |
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