In this course we show that bubbles currently exist in stock and bond markets and explain why they exist.
This is a terrible time to be retired because interest rates have never been lower, stock prices have never been higher, and the world is in the throes of a debt crisis that could destroy paper (“fiat”) money. Compounding the risk, the average baby boomer is invested 60/40 stock/bonds, a mix that lost more than 35% in 2008, and could lose much more when stock and bond market bubbles burst.
In this course we show that bubbles currently exist in stock and bond markets and explain why they exist. Then we provide a list of “pins” that could burst these bubbles. It’s not a matter of “if;” it’s how and when. Inflation is a highly likely “pin.”
Then we conclude with recommendations that could protect you from these bursting bubbles. Younger people will probably recover, but baby boomers do not have the luxury of time to recover.
Serial entrepeneur specializing in target date funds and baby boomer investment education.
Ronald J. Surz is co-host of the Baby Boomer Investing Show and president of Target Date Solutions and Age Sage, Target Date Solutions serves institutional investors, namely 401(k) plans. Age Sage serves do-it-yourself individual investors. His passion is helping his fellow baby boomers at this critical time in their lives when they are relying on their lifetime savings to support a retirement with dignity, so he wrote a book: Baby Boomer Investing in the Perilous 2020s .
