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Location: Investor Confidence
Discussion: The good old days
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Luv2invest |
The good old days
Jun 19 2006, 4:50 PM EDT
Ah, those were the good old days, when the dart strategy actually worked. Now it takes a lot of work to find the next big stock. I'm personally getting a little weary though when it comes to the stock market overall. With the 80 million baby boomers that are nearing retirement age, and who will need to access their funds fairly soon, I don't see how the stock market can avoid a huge dip. After the 9/11 market crash investors overall I think have become much more gun shy as well and are ready to jump ship at the slightest downward movement in the market. As these boomers get closer to retirement age I see them moving their money from the more risky stocks and funds into more secure investments. That along with the whole mandatory distribution thing when people turn 70.5, I just fell that the market is going to take a big hit. I'm still investing in the stock market, but the stress level associated with those investments is a lot higher then it is with my real estate ones.
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