American people obviously voted to place some-more weight upon commercial operation house as well as showed no seductiveness in safeguarding corporations, in disregard for in isolation skill rights. They voted for the claimant who plainly called corporate fervour evil, taxes patriotic, as well as betrothed to allocate destiny corporate increase as windfall.
If I destroy to repel my investments NOW, what possibility will I have to redeem the principal investment, let alone have any profit?
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Go on and withdraw now.
That is the investment strategy right?
Buy high sell low?
BUY GOLD (and hide it).
I have pulled as much as I can at this time.
401k I am cashing in. My IRA’s I am cashing in.
If you want anything at all to retire on, you had better as well.
The investors should realize that if the middle/lower classes have no money to spend, then they will not make any money on their investments. No matter how you look at it, that is the bottom line.
Without customers, there is no business. So who’s money matters more?
LOL. Okay you can withdraw and close your lemon aide stand little boy.
Withdraw as much you can afford to withdraw and buy a piece of land far away from any urban areas where you can safely live with your family. They will thank you for it later. Really. This is only the beginning. And, yes, buy gold if you can.
Economists generally favored Obama’s economic plan to McCain’s, at least in the sense that they saw it as the lesser of two evils. “The Economist” magazine even gave its endorsement — with reservations — to Obama. So I’m remaining cautiously optimistic. I don’t pretend that Obama can fix the economy any more than any other politician can. But if his plan does less damage than McCain’s would have, that’s at least moderately good news.
Either way, it would be silly to pull out your money now, unless you’re within 5 years or so of retirement. There are tons of bargains out there right now …. this is the time to buy like crazy, and wait for the profits to roll in, a few years down the road. Buy low and hold. Historically, the market has always gone up, no matter which party is in the White House.
Teddy Roosevelt went after monopolies. That was supposed to take down the market. It didn’t. Neither did the SEC, or the Great Depression, or Sarbanes-Oxley. I’m serious … if you pull your money out now, you’re going to kick yourself in the years to come.
I’m not a master investor, not by any means. But I try to live by what Warren Buffett said: “Be greedy when others are fearful and fearful when others are greedy.” Buffett is probably the smartest investor to ever live, and he’s the richest man in the world for a reason.
It’s sad to see this reply getting thumbs-down, but I guess it’s human nature. People pile on to the market when it’s hot, and then they panic when it cools off. That’s why so many people can’t make money off the market.
It’s a scary time to be an investor, but pulling out now is just locking in your losses and forgoing any future gains. You might as well just stuff your money under your mattress, for all the good it will do you to buy gold.
Hmmmmm. Good question, but I’m wondering why your asking us? I’d like to know too. Maybe we should watch Suzie Orman instead. Yep, I think I will, cuz these characters don’t have a clue. ( of course @ this point, Suzie might not either)
Contempt for private and property rights? Uh, no.
You obviously don’t remember, but back when we had a healthy middle class, the richest people paid a higher rate in income tax. Now, they pay a LOWER rate than their lowest paid employees.
Reversing that trend is something every rational person supports.
Warren Buffett, an investor, has been one of Obama’s supporters; he applauds the results of the election, as he realized that continuing Reagan’s economic policies (as Bush has been doing) is disasterous.
Uh, Obama did not “promise to confiscate future corporate profits” — that’s a lie. Taxing them is not the same as taking ALL of them.
People who aren’t complete idiots will realize that investment will yield them more money than not investing.
I really don’t understand why people love the current system wherein the people at the top keep most of the profits made by the labor of everyone else, and pay hardly any taxes; while those who do the vast majority fo the work don’t get a living wage, pay most of the taxes, and get no benefits from government (like someone to make sure out food doesn’t kill us).
Most of us don’t want to return to Feudal times, where 1% of the population owned 99% of everything, and the rest of us were in effect their property, begging for the scraps.
If you withdraw your investments NOW, you’ll have lost big time; the only hope of making a profit is to keep your investments in the market. Reasonable people understand this.
I sold some of my stock to remain somewhat liquid, however I am lucky enough to do so. If you know you’ll need the money in short term, sell now, otherwise if you are in a position that you can wait this out, and you have the resources to buy, buy now, its a buyers market, as long as you can be in it for the long haul and a small hit now and than wont hurt you.
If you keep you stocks for 5 yrs or more, you’ll see a profit (more than likely) in five yrs, and you’d be happy you bought when the price is low.
But as I said, if you need cash now, sell, otherwise, buy and hold if you can.