Harry S. Dent's The Next Great Bubble Boom

I am reading a book by Harry S. Dent called The Next Great Bubble Boom.

This is one great book to read, if you want to plan your future financially! The author wrote a book previously called The Roaring 2000's, and so much of what he predicted in that book has come true. The main premise is that demographics, (statistical data about population groups), determine the future in very predictable patterns.

In 80 year cycles, populations behave in very predictable patterns during the various ages the majority reach at any given point in time:

When most of the population of the USA, for instance, was young (the 1950's), those young "baby boomers" were destined to be the drivers of a huge, innovative BOOM in the US economy. Tons of innovation was the reward to the economy, after investing in the education of these myriads of youngsters throughout the 50's and 60's-

This is how we got the Internet, personal computers, and many other brand new advances in our modern way of life. (Not to mention some really good music in the 1960's!!)

Then, these same "baby boomers", including your favorite old mailman, started spending, and raising families- this resulted in the greatest economic boom in history! We are in it, right now! And, according to Dent, these next two years, into 2010, will be the greatest in history!!

And, after that, we are headed into... a depression! But hey- it's only for 12-14 years or so, so lighten up!

You see, the retirement of all of these baby boomers will end this huge boom...

The next generation of "echo boomers" are so much smaller in numbers, that they will have all they can do to support all of those OLD MAILMEN! (And other professions as well).

What are you supposed to do, financially, I hear you asking the old mailman?

Well, young feller, here is what you do- invest all your IRA money into STOCKS, for the next 2 years or so! Technology, health care, and financials...

THEN, after your money has multiplied faster than your classmates did back during the baby boom when you were young, get ready for early 2010:

The END of the 80 year cycle!

And sell it all!

Buy triple Aaa rated corporate bonds.

Then, hunker down for a dozen years or so, because it won't be pretty.

Things may be better in China, Spain, Ireland,and S. Korea, where demographics are better, so you may want to invest there as well, after the first shocks. But, according to Harry S. Dent's exhaustive demographic trend charts, the next two years are your last chance to maximize your financial holdings!

For what it's worth, I really think he's right.

On a much lighter note, I just added the photo at the top- it is Springtime, at the end of Hanson Road on French Island! Huzzah!!

It has been one long Winter- let's celebrate! (At least, for the next two years or so....)