{"id":789,"date":"2008-10-29T14:51:42","date_gmt":"2008-10-29T18:51:42","guid":{"rendered":"http:\/\/club.ino.com:80\/trading\/?p=789"},"modified":"2010-02-25T17:07:48","modified_gmt":"2010-02-25T21:07:48","slug":"the-rate-cut-maybe-too-late-for-the-baby-boomers","status":"publish","type":"post","link":"https:\/\/wwwtest.ino.com\/blog\/2008\/10\/the-rate-cut-maybe-too-late-for-the-baby-boomers\/","title":{"rendered":"The rate cut maybe too late for the baby boomers ..."},"content":{"rendered":"<p style=\"text-align: left;\">The rate cut may be too late for the baby boomers ...<\/p>\n<p style=\"text-align: left;\">As many baby boomers are facing retirement, this recent meltdown in the stock market has put many in a precarious position. Money they had counted on for their golden years has quickly disappeared and will not likely return anytime soon.<\/p>\n<p style=\"text-align: left;\">To illustrate this point, a friend of mine recently sent me a chart which I would like to share with you. This charts shows that we may be going into a prolonged period of no growth in the overall stock market. The NASDAQ peaked at 5,132.52 on March 10th, 2000. The NASDAQ market is in many ways more important than the DOW, and should be considered more of a leading indicator. If that is truly the case, then we have been in a bear market for the last eight years.<\/p>\n<p style=\"text-align: left;\"><a href=\"http:\/\/club.ino.com\/trading\/wp-content\/uploads\/2008\/10\/100-years-of-capitalism1.gif\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-791\" title=\"100-years-of-capitalism1\" src=\"\/\/club.ino.com\/trading\/wp-content\/uploads\/2008\/10\/100-years-of-capitalism1.gif\" alt=\"\" width=\"500\" height=\"440\" srcset=\"https:\/\/www.ino.com\/blog\/wp-content\/uploads\/2008\/10\/100-years-of-capitalism1.gif 584w, https:\/\/www.ino.com\/blog\/wp-content\/uploads\/2008\/10\/100-years-of-capitalism1-300x264.gif 300w\" sizes=\"(max-width: 500px) 100vw, 500px\" \/><\/a><\/p>\n<p style=\"text-align: left;\">If many stocks have lost 50% of their value, they must now go up 100% just to get back to where they were. If we are to assume that the stock market grows by 10% a year (and that is not a good assumption), then it's going to take at least 10 years for many of these stocks to reach the heights they once were at. Many stocks will never come back. I don't think we will ever see Yahoo trade anywhere close its all time intraday high of $500.13 (set January 4, 2000).<\/p>\n<p style=\"text-align: left;\">I expect to see a prolonged economic climate that is not conducive for stocks to move higher. However, there will be pockets of opportunity where certain markets and sectors will move higher.<\/p>\n<p style=\"text-align: left;\">All in all, this is not a rosy picture for either the US economy or the world economy. As I have said many times on this blog, these are trading markets and not markets to hold long-term. Witness our General Motors blog, and the fact that <a href=\"http:\/\/club.ino.com\/trading\/2008\/10\/general-motors-plunges-below-6-a-share\/\" target=\"_self\">General Motors (NYSE_GM)<\/a> is a scrambling to either avoid bankruptcy or to find a partner. The latest rumor is that they're looking at Toyota (NYSE_TM).<\/p>\n<p style=\"text-align: left;\">Trading throughout the balance of this decade and into the early part of the next decade is going to be the key to survival and for recovering the profits in your portfolio. We strongly recommend that you approach these markets with some level of expertise and knowledge of technical trading.<\/p>\n<p style=\"text-align: left;\">The future is going to be the future and we need to take advantage of every moment and prepare ourselves to be the very best we can be in whatever business or endeavor we are pursuing.<\/p>\n<p style=\"text-align: left;\">Every success in the future,<\/p>\n<p style=\"text-align: left;\"><a href=\"http:\/\/club.ino.com:80\/trading\/wp-content\/uploads\/2008\/05\/adamnew.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-429\" title=\"Adam Hewison \" src=\"\/\/club.ino.com:80\/trading\/wp-content\/uploads\/2008\/05\/adamnew.jpg\" alt=\"\" width=\"100\" height=\"76\" \/><\/a>Adam Hewison<br \/>\nPresident, INO.com<br \/>\nCo-creator, MarketClub<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>The rate cut may be too late for the baby boomers ... As many baby boomers are facing retirement, this recent meltdown in the stock market has put many in a precarious position. Money they had counted on for their golden years has quickly disappeared and will not likely return anytime soon. To illustrate this [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":41,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[618,617,285,619,560,621,616,581,620],"class_list":["post-789","post","type-post","status-publish","format-standard","hentry","category-trading-tips","tag-baby-boomers-retirement","tag-finance-baby-boomers","tag-general-motors","tag-nasdaq","tag-nyse-gm","tag-nyse-tm","tag-rate-cut-baby-boomers","tag-technical-comments","tag-toyota"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v23.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The rate cut maybe too late for the baby boomers ... - INO.com Trader&#039;s Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ino.com\/blog\/2008\/10\/the-rate-cut-maybe-too-late-for-the-baby-boomers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The rate cut maybe too late for the baby boomers ... - INO.com Trader&#039;s Blog\" \/>\n<meta property=\"og:description\" content=\"The rate cut may be too late for the baby boomers ... As many baby boomers are facing retirement, this recent meltdown in the stock market has put many in a precarious position. Money they had counted on for their golden years has quickly disappeared and will not likely return anytime soon. To illustrate this [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ino.com\/blog\/2008\/10\/the-rate-cut-maybe-too-late-for-the-baby-boomers\/\" \/>\n<meta property=\"og:site_name\" content=\"INO.com Trader&#039;s Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/inocom\/\" \/>\n<meta property=\"article:published_time\" content=\"2008-10-29T18:51:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2010-02-25T21:07:48+00:00\" \/>\n<meta name=\"author\" content=\"The INO.com Team\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"The INO.com Team\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.ino.com\/blog\/2008\/10\/the-rate-cut-maybe-too-late-for-the-baby-boomers\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ino.com\/blog\/2008\/10\/the-rate-cut-maybe-too-late-for-the-baby-boomers\/\"},\"author\":{\"name\":\"The INO.com Team\",\"@id\":\"https:\/\/www.ino.com\/blog\/#\/schema\/person\/d86a8cce826b7bd105200d88bb28a280\"},\"headline\":\"The rate cut maybe too late for the baby boomers ...\",\"datePublished\":\"2008-10-29T18:51:42+00:00\",\"dateModified\":\"2010-02-25T21:07:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ino.com\/blog\/2008\/10\/the-rate-cut-maybe-too-late-for-the-baby-boomers\/\"},\"wordCount\":439,\"commentCount\":8,\"publisher\":{\"@id\":\"https:\/\/www.ino.com\/blog\/#organization\"},\"keywords\":[\"baby boomers retirement\",\"finance baby boomers\",\"General Motors\",\"nasdaq\",\"nyse gm\",\"nyse tm\",\"rate cut baby boomers\",\"technical comments\",\"toyota\"],\"articleSection\":[\"MarketClub Techniques, Tips &amp; 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