Quote:
Originally Posted by Joker
well i only speak on what i know... i guess i am privledged... but from the baby boomers i know and have known... all are big time Execs at companies and have to be savy with computers...and have 10s of millions of dollars....
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I think these are the exception, not the rule. But, I do agree that some will join
PE and that is a good thing. As far as the wealth, I guess its how you look at it. Baby Boomers (in general) don't have a lot of savings or net worth, but they do have a lot of stuff (cars, houses, etc) and usually a lot of debt. But, people who love to spend will probably be a good thing, lots of deposits.