One of the things that doesn't show up on any technical analysis is something I call the "Grey Hurricane". Nobody is really talking about it but whether or not baby-boomers are 100% financially ready or not they will be retiring in mass now...it can't really be stopped. How do I know? I'm one of em'...I know what they think and feel. Its true the recession took a chunk out their nest-eggs but instead of that 5 bedroom beachhouse with a dock & boat they had their eye on...they'll have to pare that down to a 4 bedroom condo with a pool..but they're coming none the less.
Florida is still the #1 dream destination for East coasters... the grey hurricane is on its way...and the surviving healthy banks stand to prosper most.
Increased deposits and increased loans for banks = pure success...and their job is to rinse & repeat that motion.
Best of Luck! Go JAXB!
Learn something new every time you invest...and take it with you to the next opportunity.
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