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clock Created with Sketch. 03/03/15
23:43
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Originally posted by Albright
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Baby boomers have had it so easy making money in the property market and equity markets for years so I have no sympathy for them if most of them lose their shirts. You would think after the market crash of 2008 baby boomers would have learned their lesson about high risk investing at retirement age but obviously not. Just waiting to see them panic tomorrow at 2:30pm if the RBA cuts rates and they lose all rationality and start bidding up the prices of already inflated high yield stocks. Forget about ASX going past 6000 we might even see 7000 points by years end as the frenzy for yield takes hold. The watch out for the mother of all shorts as they lose their capital!
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Why do you wish them poorly just because they have done well?? People like you make me laugh.... get off your arse and do something for yourself... it feels much better than just sitting in your own excrement grumbling at the world...
