Boomernomics

by Stephen R. Waite and William P. Sterling

Book Overview

Low inflation, high employment, a stock market that has reached unprecedented heights. The economy doesn't get any better than this. Clearly, for the seventy-six million baby boomers hitting their... This description may be from another edition of this product.

• Format: Paperback
• Language: English
• ISBN: 0345432932
• ISBN13: 9780345432933
• Release Date: August 1998
• Publisher: Ballantine Books
• Length: 218 Pages
• Weight: 0.64 lbs.

Customer Reviews

An Excellent Guide to the Possible Future

As a member of the financial industry, I'm always looking for hints as to which sectors of the market will do well in the future. This book is exactly what I was looking for. Using demographic trends, the authors have come up with some scenarios which will definitely change my outlook on the future.

Buy it.

This book is awesome. Buy it. That's all there is I have to say about it.

This book rocks

This is the greatest book I've ever read. It gives great advice. BUY IT!

Beware the Big Chill

The aging of America has been in the news for the last few years but most stories only deal with the impact on the social security system. What people don't realize is that as boomers age they will also have a great impact on the real estate and financial markets as they sell their homes and assets so they can have a comfy retirement. The scenarios provided are compelling enough to make your heart sink. But this is not an alarmist book, they openly state that their scenarios are just hypothetical and many things can happen in the intervening years to mitigate the effects of the "Big Chill". Plus they provide some tips on how you can make money in the coming years by predicting which industries will get hot. If you want to read a very common sense book about the future of the American economy, this is it.

These guys "get it"

Stephen Waite and Bill Sterling paint a picture for us clearly showing that baby boomers are doing to financial assets what they did to the real estate market in the 70's and 80's. Never before has this been better and more thoroughly explained than in Boomernomics. The authors walk us through the future in this well written book proving demography is destiny. Demographics alone would be a powerful force in the marketplace but we currently have technology and globalization on our side as well. The authors give us a well rounded thesis on why the market can go much higher than it is today and how government can help prolong this market climb by addressing the healthcare problem, the debt and social secutity issues. Harry Dent's "The Roaring 2000's" was a good second step in tackling the subject of demographics (The Great Boom Ahead being the first) but Sterling and Waite take it to the next level. They've taken a complicated subject and made it easy to understand so that we all might profit over the next decade and beyond from their years of Wall Street experience and exhaustive research on the subject. Everyone can benefit from reading this book, from students right through to retired persons. A copy should also be sent tho the most famous Baby Boomer of them all, the Boomer-In-Chief, President Bill Clinton