Baby Boomers (Born 1946-1964)
Stay the Course
Baby Boomers, now in or nearing retirement, have accumulated wealth through savings, appreciation, and inheritance. A key strategy for them is to "stay the course" and maintain their existing wealth. As Warren Buffett famously said, "The first rule of investing is, don’t lose money." Following this advice, Baby Boomers focus on preserving their accumulated wealth.
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