in my case, it will take a helluva vault!!! GK500's, Homebrews in 7' cabinets, 390' and A4's...
maybe they can just stack them all around me and torch us all off LOL R ---------- Original Message ----------- From: "Merz Donald S" <[EMAIL PROTECTED]> To: "'Amradio (E-mail)" <[email protected]>, "'Glowbugs (E-mail)" <[EMAIL PROTECTED]> Sent: Mon, 12 Apr 2004 17:30:06 -0400 Subject: [AMRadio] BAs and Baby Boomers > Q: What do baby boomers have to do with boatanchors? > A: Anything, and -- not to put too fine a point on it, everything. > > Let me explain. > > A baby boomer is a person born between the years of 1946 and 1964. > Every country on Earth has a significant baby boomer generation. In > the USA, the baby boom generation is over 26% of the population. The > current aggregate income of USA baby boomers is $4.1 trillion. They > (we) use this income to account for 40% of total demand and almost > 50% of all discretionary spending. Boomers hold 80% of the cash and > 79% of all the assets that exist--including --ta-da-- boatanchors. > > So what? Well, 46 + 65 = 2011. The boomers are retiring soon. > Actually, due to early retirements and other factors, significant > increases in retirements will begin between 2006 and 2008. By 2011, > retirement-mania will be in full swing. Sometime shortly thereafter, > "the largest wealth transfer in history" begins to take place. A > minimum of $41 TRILLION will begin transferring "from parents to > children and from philanthropists to charities." > > Economists only have this figured out in the broadest terms. But > sometime between 2011 and 2021, the baby boomers will become what is > called "net sellers of investments". That means that you and I will > unload more boatanchors than we buy. Economists disagree about what > this means for the financial markets. The gloomy ones say that this > will usher in a "structural bear market that could last throughout > much of the second quarter of the 21st Century." But let's deal with > boatanchors here. > > I changed the wording in the paragraph below to say "boatanchors" > everywhere it used to say "financial holdings". But this is from an > insurance industry report: > > "At first, the older Boomers will begin selling some of their BAs, > but the sales will be absorbed rather easily by the larger number of > younger Boomers who are still eagerly buying. Eventually, though, > even the middle and younger-aged Boomers will want to liquidate > some of their boatanchors. Who can they sell to? The only options > seem to be the much smaller and more financially pressed "Generation > X" that grew up in the shadow of the boom, or the potentially larger > and more promising market of buyers from overseas." > > This is why you and me have anything and everything to do with > boatanchors. We own practically all of them. And we all need to get > rid of them over the next 15 to 25 years. Worse, the only market we > have for them is "much smaller and financially pressed". > > A word to the wise should be sufficient. Keep your collection in > touch with the demographics and the concepts of supply and demand. > BAs are fun. But they are not good long term investments. It's just > that simple. > > Since no one is going to want them, I am planning to be buried with > mine--like the ancient Egyptian mummies with their cats. > > 73, Don Merz, N3RHT > > Quotes are from various insurance industry reports on the web and > the World Future Society. > > The information contained in this e-mail may be confidential and is > intended solely for the use of the named addressee. Access, copying > or re-use of the e-mail or any information contained therein by any > other person is not authorized. If you are not the intended > recipient please notify us immediately by returning the e-mail to > the originator.(A) > > _______________________________________________ > AMRadio mailing list > [email protected] > http://mailman.qth.net/mailman/listinfo/amradio ------- End of Original Message -------
