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Written by Alfred Benelli, CFP, FIC
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 Trials of a Financial Columnist
Every so often one of my buddies sends me an e-mail or newsclip that really cracks me up. The latest was a “cartoon” depicting the passenger cabin of an airliner. The captain was making an announcement “Ladies & gentlemen, we expect to encounter a little turbulence and in the interest of passenger safety, I’d like you to return to your seats and fasten your seatbelts.” In the next frame, a passenger screams out “We’re all gonna die!” In the final frame, the person seated alongside says “Don’t mind him; he’s a stock-market reporter!”
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Do you have a financial question for the Merlin Group? Selected questions will be addressed in future articles and/or podcasts.
If you subscribe to the theory that Baby Boomers are those born 1945 and later, then the first of this massive population bulge began turning 62 last year… and an estimated 5000 of us will turn 62 every day for the next 20 years.
It sounds like a marriage made in heaven. On one
side, there are people who are struggling with debt who can’t qualify for lower
rates from conventional lenders or credit card companies. On the other, there
are folks with a few thousand to invest who might like to get a higher return
than they’d get in CDs or money market funds. 