One of the most attractive reasons to invest in health-care stocks continues to be the world's aging population.
The United Nations says people age 65 and older are the fastest-growing age group worldwide. It estimates that by 2050, one out of every six people will be 65 or older, accounting for 16% of the planet's total population, up from 9% in 2011. That figure is even larger in Europe and North America, where the U.N. predicts the number will be closer to 25%. The demand for health-care...
Older clients not prepared for next market plunge
'OK, Boomer' Stop Buying Stocks, Fidelity Warns
Fidelity Investments in its third-quarter retirement report has a new warning for its greedy baby boomer clients: portfolio risk has never been higher as retirees are overly exposed to equities, running a serious risk that the next market meltdown could wipe out their retirement accounts, reported Bloomberg.
The report notes more than 33% of baby boomer clients have exceeded Fidelity's recommended allocation to equities.