... at least another 5 to 7 years.. long term hold.. fine with me.. i will set the calendar and the radar .. collect some dividends .. hopefully some value increases.. boi & also. aib.. i still have some hope for. AIB
maybe they will be concerned about tax but they still need to be ,colleged,car ,apartment,housed,wedding costs! etc.. in which bank of ireland will be more than happy to assist dem with a small fee of course! these baby boomers will make rich pickings
Hello son, it's because the recession started in 2007, ran for seven years, now we have recovery for seven years, and then we will have another boom starting around 2021 / 2022 and then its time to get out.
Like you I could be wrong as I am no expert but human behaviour if you watch tend to repeat itself over and over and over again and again and ........
Really??? The baby boomers will be alot more concerned about the rate of tax they will be paying to maintain their old parents than keeping you or me in dividends.
below is from the CSO.
The older population (i.e. those aged 65 years and over) is projected to increase very significantly from its 2011 level of 532,000 to over 1.4 million by 2046 under the two positive migration assumptions and to just under 1.4 million under the negative migration scenario. The very old population (i.e. those aged 80 years of age and over) is set to rise even more dramatically, increasing from 128,000 in 2011 to between 484,000 and 470,000 in 2046 depending on the scenario chosen (see Tables 1-6). The average annual number of deaths is projected to increase steadily from the 2011 figure of 29,000 to an annual average of 48,000 in the period 2041- 2046. For the same period, the natural increase in the population (i.e. the excess of births over deaths) is projected to return to 2006-2011 levels of 44,000 under M1F1 but to fall under all other assumptions; under the most pessimistic scenario (M3F2) the natural increase, though still projected to be positive, will fall to just 10,000 per annum in the period 2041-2046. The young population (976,600) was considerably higher than the old population (531,600) in 2011 but this will reverse by 2031 (2036 in the case of M1F1). It is projected that there will be more older persons than younger persons under all scenarios by 2036. The excess will widen further by 2046 at which stage it is projected that there will be between 112,000 and 561,000 more older people than younger people depending on the scenario used.
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