I was a little surprised to hear this, as personally I had thought the opposite, that baby boomers would be selling into a market with limited demand. He also discussed that in the United States, demographic data suggests that due to the population size of the millennials, there will be a housing shortage of 25 million housing units over the coming years, despite the fact the Baby Boomers will be selling. In the same way this demographic information is good for an eyeglass manufacturer, this information is also very useful for an investor who is looking for companies that will have strong markets in the coming years. So, if you sell eyeglasses, and look down the time continuum, you will know there should be a lot of business heading your way. Ken noted that the largest generation in history of the United States are millennials born 1985-2004 who are currently 18-37 and heading to the age where Presbyopia will be prevalent. He noted that optometrists generally resolve Presbyopia by simply prescribing reading glasses.
In his first example, he noted that the sales of eyeglasses are to a large extent driven by Presbyopia (which is essentially our eye's ability to see things up close getting worse as we age, typically starting at 40-45 and older). Ken somehow makes the complex topic of demographics, easy to understand.ĭuring his presentation, Ken gave a couple examples of how demographics may play out in the future. I found the discussion with Kenneth Gronbach, a well-known American author and demographic specialist very enlightening. There were also discussions on tax, real estate and demographics. The roundtable participants discussed the economic and stock market outlook for 2022.
BIG BEANCOUNTER FULL
a full service planning and investment firm. Today, I want to discuss using demographic trends and everyday insights to identify stocks that you may considering investing in.Įarlier this year, I virtually attended Outlook 2022, a roundtable discussion hosted by Wealth Stewards Inc.
0 kommentar(er)
