re: ge i am so glad baby boomers are wealthy
The figures are a little rubbery, but it is expected that the baby boomers will off load between 10 to 20 billion dollars over the coming 20 year spending spree.
That is an increadible amount on wealth that will be dumped in the laps of many companies ready to take on this generation.
Retirement villages, holiday homes, campervans, caravans etc.
and don't forget all the persciption drugs the baby boomers will be popping to keep healthy!
Many of these companies are listed on the ASX.
If you are aged between 18-35, you cannot miss this boat.
Your parents are ready to off-load their wealth into these kinds of companies.
