5 Stocks Both Boomers and Investors Should Love
Can a baby boomer get a little love? Better yet, I’d settle for a little R-E-S-P-E-C-T, as Aretha Franklin might say. Perhaps I’m a bit sensitive
because I’m a member of the baby boomer generation (I just made the 1964 birth year cutoff), but it seems to me that my generation’s collective wallet
is being disrespected.
We boomers are in the prime of our financial lives, and we’ve worked for many years to put some decent money in our pockets. And while I don’t speak
for every boomer, I happen to enjoy spending the money I’ve worked so hard to earn.
Baby boomers now are between the ages of 45 and 63, and we are approximately 77 million strong. In the next five years, we’ll all be 50-plus, and
we’ll account for an estimated 40% of adult consumers. More importantly, we will be the group with the most spendable cash. And while marketers may
concentrate on younger generations, we know that we will continue spending our money on what we want.
So, what will boomers spend their money on? And what stocks will benefit from the boomer set? Let’s take a look at the five stocks both boomers
and investors should love.