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I know three old white republicans who dumped their stocks and bought gold in 2009. I dumped cash and bought stocks at fire-sale prices. I KNOW the market is artificially inflated. And my portfolio has inflated right along with it. While their hoarde of gold has dwindled in value.
But I'll be wishing for gold when the FedGovZombieApocalypse hits!
Tall Traveler, You should have invested in the stock market, so your kids could inherit those gains. It would not have cost much given how low the DJ was on 1/20/2009.
I have benefitted greatly from the stock market expansion. But the policies ' the black guy' as another poster called him (well he's actually half white) has killed the black middle class, greatly expanded the poor and underclass (especially among blacks), greatly expanded income inequality at the fastest rate ever. For me, the policies have been a financial windfall but for most people, it's been disastrous.
Where are all of the liberals at today who were all over the threads when the market was going up?
Todays statistics
out of the 7,000 stocks that I watch
71% of them are down
13% of them are even
16% up
All of you liberals who proclaimed that Obama was a genius, who claimed that Obama was to credit when the market went up, all of you who claimed the economy was better.. What happened?
I mean if your going to give Obama credit, then is he not responsible for the fall?
Lol, the market Obama wants credit for is the result of quatntitative easing's artificially low interest rates. As long as TINA (There Is No Alternative) is in effect, it will continue.
That was Obama's intent. He surreptitiously bailed out the banks by saving them millions in depositors' interest, thus picking the pockets of the middle class (especially seniors). Again. And most Americans are too dumb, stoned, or distracted by sports and Hollyweird to see what's going on.
Lol, the market Obama wants credit for is the result of quatntitative easing's artificially low interest rates. As long as TINA (There Is No Alternative) is in effect, it will continue.
That was Obama's intent. He surreptitiously bailed out the banks by saving them millions in depositors' interest, thus picking the pockets of the middle class (especially seniors). Again. And most Americans are too dumb, stoned, or distracted by sports and Hollyweird to see what's going on.
One can see that the obaggers haven't the least little clue about market forces. Thank God they were all so prescient to invest when the market was down and make small fortunes. Perhaps now, they can pay Mom and Dad the back rent they owe.
Can ONE liberal give me 3 fundamentals that justify the market we are seeing today. I set immediate notification so I'll make sure I look for a reply. Here is a sight you can use to reference what a basic fundamental is Market Fundamentals. Once you list your three fundamentals write a short explanation of why you believe each one is driving the market. Only one limitation. You can't list fundamentals created artificially. Those are ones that were not created through normal market conditions.
By and large, the stockholders are not the group Obama and Company are trying to help. Yes, private industry is doing well but large segments of the working class are not.
Hopefully, you're not a stockbroker or financial advisor
Quote:
Originally Posted by pghquest
Where are all of the liberals at today who were all over the threads when the market was going up?
Todays statistics
out of the 7,000 stocks that I watch
71% of them are down
13% of them are even
16% up
All of you liberals who proclaimed that Obama was a genius, who claimed that Obama was to credit when the market went up, all of you who claimed the economy was better.. What happened?
Obviously, you're a poor investor.
Quote:
I mean if your going to give Obama credit, then is he not responsible for the fall?
The free market points to a faulty portfolio. But feel free to blame the president for your stock picks.
The stock market has been on a tear for more than 5 years. And I know several fools who cashed out at the bottom and have sat the whole thing out just because they hate Obama so much.
It ain't often in this world that people get exactly what they deserve... but it does happen now and then.
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