The Quick Takes Pro blog by Michael Kahn, CMT about anything that might affect your portfolio.
Wednesday, October 27, 2010
I am past retirement age somewhere
The retirement age in France was raised from 62 to 65 and of course they rioted. Maybe they can move to Turkey and get on the gov't dole at 45. Look what the specter of a European migration to higher retirement ages did to the Turkish stock market (via an ETF):
Australia is at 67. Their currency is hot. And they avoided a good chunk of the financial crisis.
The more I read about Oz, the more I want to check them out in person. Vegemite, anyone?