WSJ: "Don't Let Fixed Income Obsession Cheat You"

[Nords]

"Retirees, you're not too old for stocks."

The WSJ is touting a higher percentage of stocks in retiree portfolios.

I'm confused. Does this mean that 78 million Boomers are going to send the market screaming upward on Monday, or is this article just one more indicator that we're at the top?

[mickeyd]

Quote:

Today that income buys half a stamp.

I'm confused as hell. Where does one buy a good half a stamp these days?

I've noticed recently that a large number of "boomer retire" articles are popping up everywhere. I suspect that this trend will continue for many years in the future.

Most of the articles that I've seem all seem to have a basic formula of: Get the attention of anyone who is close to boomerdom (a large group of folks), present doom (insufficient savings, SS colapse, pension colapse, healthcare costs,and then, present an escape mechenism from doom(save more, keep stocks, cut expenses etc).

Hey, a writer has to make a living also and there seems to be a market for reading this stuff over, and over, and over, and...

[Ed_The_Gypsy]

Quote:

Does this mean that 78 million Boomers are going to send the market screaming upward on Monday...?

OOH, we can live in hope!