Stock Markets Exposed
Anybody read the rich dad poor dad book about the biggest stock market crash in history?
It suggested that changes in the retirement laws for baby boomers would force a major sell of stocks for this group, thus causing a crash. I am not from the U.S. but what happens on Wall St effects the global stock market. Would appreciate your thoughts on this and the change in the law, should I prepare or not get to concerned about it?
Public Comments
- The Baby boomers will retire slowly over a greater than 20 year period. I doubt they will cause a market meltdown. Kiyosaki is a great exaggerator. See these links for a more rational discussion.
