Good suggestion. I was thinking the same thing a few weeks ago.Originally Posted by Bretsky
However, frankly, now I'm worried about losing big with a couple of stocks. I'm gun shy to take much more risk.
The Facts: The Democrats have been utter disasters for 2 years. THEY are directly responsible for the housing crisis which started this whole financial mess and President Bush and the Treasury have just complicated things with all these "bailouts."
And the Market is at 5-year lows BEFORE Obama is sworn in, BEFORE Bush's cap gains tax cuts expire and BEFORE the Dems' new tax rates are implemented to "redistribute the wealth."
Remember Biden says it's the "patriotic" thing to do to pay more in taxes. What a philosophy coming from a guy that gave next to nothing to charity for years and years and now he's ready to be charitable with everyone else's money.
I'm shocked that things have become so bad, so quickly. Who knows what could happen with the socialism that's coming. I'm avoiding the market and staying in cash right now.