/biz/ - Business & Finance

[Anonymous No.49356556]

With the babyboomers holding most of the wealth and retiring, where will the buy pressure for asset markets even come from?
Aren't we doomed for a golden bear market that lasts many decades?

[Anonymous No.49356588]

>>49356556
Retiring means they just have more time to spend their accumulated wealth. They're all going to get reverse mortgages or large HELOCs and go on wild spending sprees.

[Anonymous No.49356613]

>>49356556
The babyboomer era comes to a close my friend. No longer are the days where a weak population signaled each other via consumerism. The return of the great days where the only companies that can make it sell quality products and services.

[Anonymous No.49356650]

>>49356588
It means they no longer have most of their income to invest, but have to live off their investments. If we have any real market decline, they'll have to offload assets (and many will panic sell) to secure their retirement.

[Anonymous No.49356659]

>>49356588
I had to look up what a reverse mortgage even was. The boomers really are going to leave us with nothing.

[Anonymous No.49356685]

>>49356650
Is that even a bad thing? Sounds like it’s time for Bobo.

[Anonymous No.49356693]

>>49356556
> be boomer
> smoke weed and party in the 50s
> be dirty hippe that votes for leftist policies
> get a job with firm handshake
> marry and settle down after fucking around
> buys house and car with entry level waging
> fuck up the economy
> retire with millions in bank account

[Anonymous No.49356721]

>>49356685
It's bad if you want to make easy money by investing. It's also bad for the economy.

[Anonymous No.49357079]

>>49356693
It’s fun to think of how detested boomers will be known as from here on in history. The most vile generation yo ever walk the earth.

[Anonymous No.49357289]

>>49357079
Kek they literally rugpulled western civilization in one gen.
>Have everything
>Leave your children with nothing
Lmfaooo

[Anonymous No.49357617]

My mom is leaving everything to me and my sister. So I'll probably make out with 250k. Boomers hoarding stuff is only bad if they refuse to bequeath it to you.

However i would give it all away if it meant my mom didnt die, i wont cope without her

[Anonymous No.49357754]

I caretake my elderly boomer father. Hes in poor health and chain smokes and drinks all day. Anyway, i dont pay rent and this house is mine when he passes and its worth a quarter mil. Youre about to witness a massive generational wealth transfer.

[Anonymous No.49358148]

>>49356556

Invest in adult diapers anon, they will cash out and be buying different according to their needs.