The day the Earth nearly stood still

[MrBishop]

I don't understand why people aren't investing in the market. Sure, it is very risky and you might lose all your money, but if you get any capital gains, Obama has promised to ass rape you, and I'm told he is a very nice looking fella.

This is the perfect time to invest...because we all know that the markets (stock prices) are LOW. Regadless of how fucked up things look, if you're willing to BUY LOW and sit on it..it'll pay off in a few years and you can SELL HIGH.

Capital gains only happen when you SELL. You can wait a few years until teh capital gains tax dissapears and then sell.

if?
how 'bout When.

Exactly.

 

[MrBishop]

I think that the shovel-ready incentives will kick in before the DJIA drops that far. At least, I'm hoping so.

c'mon! Kick in already!

 

[catocom]

come back and see us in a month.

 

[catocom]

President Obama on Tuesday compared the stock market to the daily tracking polls used by politicians, saying that paying too close attention to Wall Street's "fits and starts" could lead to bad long-term policy.

http://www.foxnews.com/politics/first100days/2009/03/03/obama-good-time-buy-stocks/

that was more the case when we weren't all invested in it against our will.
Not so now.

 

[MrBishop]

Been that way for a while here...our gvt retirement fund group lost nearly 40B$ recently... so much for Freedom 55

 

[jimpeel]

If our system is stronger there will be an increased number of investments.

Do you really believe that you will be one of the anointed after the fall of the republic?

 

[spike]

I'm not counting on the republic falling and there being "annointed" any time soon. That was pretty funny though Jim.