You mentioned that in 18M, cash strapped baby boomers will start cashing out. I don't beleve we will see that drastic cash withdrawal you are referring to. The oldest boomers will turn 65 in 18M. The cash strapped early boomers have already been selling their stocks since they turned 59-1/2 (2007). Actually, the boomers are currently at their peak earning years (43 - 63) and pouring cash into the market.
I'm holding just like most of you. As many of you state, the performance of this fund in the last 12 months has been extremely poor compared to the other funds & stocks that I own. With the high fees, I think its time to move to any other fund. The market still has some upward movement. I'm waiting for a market correction, then I'll move.
I called and complained about this very subject after the market close on 8/10/07. However, now that I look at WYNN & LVS, I see why they have performed so well in the last quarter. I'm being quiet for now...
I've ordered the T-shirt for the last 10 years or so, but have never attended the annual conference due to work. I plan to retire in a few years and attend. For those that attended, is it worth a vacation to attend? You don't need to hype the past entertainment as that aspect of the conference speaks (highly) for itself! Thanks.
I wonder if you could count the number of viewers who have either reported your abuse or simply ignored you as a commentator.
Your link states:
Waterford and the other two Entergy plants -- River Bend near Baton Rouge, Louisiana,
and Grand Gulf near Vicksburg, Mississippi -- have watertight doors at key safety systems.
Yet you state that a concern is that Waterford doesn't have watertight doors...?
Did you read incorrectly?