Baby boomers did what society told them: they invested in stocks; they bought and held. And for a time, they did well, seeing their nest eggs go up by five, even six, figures (or more if they were lucky). And then they watched it all evaporate. They watched the insiders and the bankers, the lucky and the elite, walk away scot-free while they, the hardworking Americans who did what they were told, lost everything. And all of that would happen to them again less than a decade later, only this time, in the housing market.
