It was a pleasant surprise to come across news today that a new Baby Boomer magazine has been started. It just proof that Boomers are having a bigger and bigger voice re things that concern them. And interestingly it’s a regional effort that is aiming at a fairly small geographical area.
Here’s an excerpt;
“We’re excited to be publishing this first edition of Virginia-Carolina Boomers,” Editor Res Spears said Tuesday. “As a Baby Boomer myself, I’m looking forward to having a regional magazine with content and advertising that’s specifically targeted toward my own age group. And I’m glad to be able to lend my perspective to it.”
According to population statistics, those over the age of 45 make up 50 percent of the area’s population — and that figure is only expected to rise.
In the Suffolk and Western Tidewater areas of Virginia and the Gates and Hertford County areas of North Carolina, that age group is expected to grow even faster than average.
That age group is the target audience for “Virginia-Carolina Boomers.”
“Virginia-Carolina Boomers” is a locally produced magazine with content that reaches far outside of the region’s coverage area. It will be published twice a year and inserted into the Suffolk News-Herald, the Tidewater News and the Roanoke-Chowan News-Herald, giving the magazine a distribution of 30,000 from the start.
The content of the magazine will focus on overall quality-of-life topics, such as travel, home and garden, healthy living, entertainment and more.
For the full story go to Virginia-Carolina Boomers
A nice change from the usual Baby Boomer drumming is this story from the Age in Australia.
It’s seems there is a mini Aboriginal Baby Boom. The outlook has been improving down under and many native Aussies feel the outlook for them and there children is better than ever before.
“The Aboriginal population is estimated to be 36,700, and if death rates stay the same, numbers are projected to rise to 47,700 by 2021. The bureau has changed its methods for calculating life expectancy, so figures cannot be compared to previous estimates and it is not clear whether mortality rates are improving.
Mr Corr said birth rates were higher in the Aboriginal population and women started having babies at younger ages.
ABS figures show Aboriginal women have their first child at a median age of 25.8, compared with 31.6 for all Victorian women. Aboriginal 15 to 19-year-olds were five times more likely to have given birth than women in general.
”Women are more likely to have more babies if they start having them younger,” Mr Corr said. He said another reason for the boom was more people were identifying themselves as Aboriginal or Torres Strait Islander.”
With so many notable Aboriginal coming to the for in all parts od Aussie society (especially in sport), it’s good to see this report coming out.
For the full story go to Aboriginal Population Booms.
Filed under News by admin
So much for freedom of speech, and in the land of the free!
Teenagers, especially those who have had a drink can be downright stupid at times, but is that reasonable cause to be banned from a country for life?
Here’s part of the article;
A BRIT teen who sent an email to the White House calling President Obama a “p***k” has been banned from America FOR LIFE.
The furious FBI asked local cops to tell college student Luke Angel, 17, his drunken insult was “unacceptable”. Luke yesterday admitted he fired off a single email criticising the US Government after seeing a TV programme about 9/11.
He said: “I don’t remember exactly what I wrote as I was drunk. But I think I called Barack Obama a p***k. It was silly - the sort of thing you do when you’re a teenager and have had a few.”
Luke, of Silsoe, Beds, said it was “a bit extreme” for the FBI to act.
For the full story visit Brit Banned From US
Filed under News by admin
Following on from the previous entry about Baby Boomers and retirement. The extracts below puts forward a case that gold is an essential investment choice for those of us about to retire. Until now Peter Schiff has been the main voice in the media talking up gold as protection against the impending demise of the US economy. But Marvin Clark puts forward some very interesting thoughts, echoing what Schiff has been saying for years now. The following few paragraphs are from his article.
Baby boomers face a cacophony of advice, a cornucopia of information, and a cavalcade of confusing and contradictory data as they sail into retirement.
Any serious talk about a new global reserve currency, partially containing gold, replacing the US dollar, would implicate a gold price in the five figures range. The ownership of gold today as a core portfolio holding is not only to hedge against inflation, a rise in prices, deflation from credit contraction, but also, hyperinflation, and a collapse in a nation’s currency, to preserve accumulated wealth.
You ask why trust gold now when most financial professionals are opposed to acquiring bullion at current prices? Before reviewing some macroeconomics metrics demonstrating the logic for this decision, ask yourself: why were financial planners parroting in 2001, 2002, 2003, 2004, and 2005, that over time all stocks rise in value; did stocks obey their wishes?
Baby Boomers’ choices must mirror where we are going, not where we have been. Paper assets in 2000 and real estate in 2006 crossed over from being an ally to an enemy to wealth accumulation for the average investor, and will continue to do so, for years to come.
In anticipation of this global redistribution of wealth, and as global US market share declines to the benefit of emerging markets, the supply/demand curve for precious metals and rare earths will fundamentally raise the floor on the price of gold. The US dollar’s purchasing power will also decline over time.
Baby boomers planning on living for the next 20 years must really consider gold as a core long-term holding in one’s portfolio, and not just a short-term trade or a token position, to maintain your family’s net worth, purchasing power, and liquid asset needs.
It’s worth reading the whole thing so head over to Baby Boomers and Gold to do so.
The Baby Boomer generation is worldwide and not just an American thing. Australia, Canada, UK and parts of Europe, New Zealand and South Africa all have this demographic bubble.
So I was interested to read an article from the Sydney Morning Herald discussing some of the problems facing the boomers and society in general.
40 years ago people retired on the pension and felt entitled to it having worked all their lives. These days however to retire on the pension alone is considered a failure and those who do are considered second class citizens.
To quote,
“There is a very strong feeling among baby boomers that they should have provided for themselves, and that they somehow feel that they haven’t really done the right thing by ending up on the pension, even though, for almost all of them, there has been no choice over how life circumstances have turned out.”
It seems the retirement dilemma is causing ripples yet again.
To read the full article see Attitude Toward Pention Needs To Change
