Nuthin' but Buffett...

It makes sense -- particularly given the average age of the baby boomers. However, I wonder if this large population bulge will skew the data and make the next boost smaller.

> it. But there's a rationality behind it....
> He found that average spending peaks at age
> 46.5. When everyone is spending more,
> there's a follow-on effect.... It means that
> companies who are selling to the people
> buying are also making more profits. And if
> companies are making more profits? It drives
> the stock market prices up.... So, there is
> a rationale behind it!

The mid 40's is about when we all discover that a) we're going to retire in the next two decades and
b) our retirement money isn't what we thought it was going to be and
c) often our parents are in declining health and
d) those of us with kids are struggling with college. And we want some financial security.

Oh yes... if we've bought houses, the houses are getting to the point of being paid off.

(g) We'll know in a few months whether he's right. I sure hope he is!