By John Gerard Lewis
The youngest of the Baby Boomers turn 48 this year, and so many of them weren’t able to take full advantage of the greatest secular bull market of all time from 1982 to 2000. For much of that period, these youngsters were still getting started. In fact, in 1982 they were just graduating high school. Extra income for investments was probably in short supply as they paid their college tuition and set up their households.
But for many Boomers born before say, 1956, investible funds had arrived by 1982. Most would already have obtained their first home mortgages and begun investing for junior’s college education. If such good habits were, in fact, formed by that time, then they quite likely also began funding their IRAs and enjoying the rising balances in their employee stock option plans. Maybe they opened their own brokerage or mutual fund accounts. Read More
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