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Those who invest and socialism ??

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    Those who invest and socialism ??

    Serious question. And don't just spout the first thing that comes into your mind.

    If/when a Democrat wins and becomes POTUS and the House and Senate gain majority will you still invest in the stock market long term?

    After seeing how badly they want socialism it's making my head hurt thinking about it. And how fast they want it here. It seems like almost all Dem voters want it also.

    Would they just crush the stock market to no end? Or would they fake like it but be invested and keep it rolling?

    #2
    I will wait and see what my Financial Advisor says. Most of mine is invested in guaranteed annuities and some in a 401K and a little in mutual funds. He is basically the same age as my wife and I and like mine, his wife is retired and we are both still working. We have investments pretty identical so I listen to his advice, right or wrong. For the last 25 years or more, he has been right!

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      #3
      Originally posted by RiverRat1 View Post
      Would they just crush the stock market to no end? Or would they fake like it but be invested and keep it rolling?
      I dont see the Anti Donald's giving up, ever. And I think there will be another "issue" pop up before November, and prob a few more if/when Donald gets elected.

      I see more of the second scenario unfolding. Lots of volatility, with people in the know making a ton of money.

      The 2 trilly in stimulus is a step towards socialism. Puts us in some uncharted waters for sure.

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        #4
        The market doubled during Obama's 8 years. It could have and would have done even better, had we had more business-friendly politicians. But the private sector doesn't just close up shop and go home until the next election whenever the wrong politicians get elected. They adapt and figure out how to continue to grow profits, as best they can, even when the tax and regulatory playing fields are less than ideal. Kinda like playing a football in the mud and rain, rather than cancelling the game because conditions aren't ideal.

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          #5
          Originally posted by Shane View Post
          The market doubled during Obama's 8 years. It could have and would have done even better, had we had more business-friendly politicians. But the private sector doesn't just close up shop and go home until the next election whenever the wrong politicians get elected. They adapt and figure out how to continue to grow profits, as best they can, even when the tax and regulatory playing fields are less than ideal. Kinda like playing a football in the mud and rain, rather than cancelling the game because conditions aren't ideal.
          This is the way I've always felt in the past. But when government starts telling people they don't have to pay rent or utility bills plus all the other BS we've been seeing all while keeping in mind the Dems did not in any way want to help bail out companies but agreed to if people got money..

          In the past IMO Dem Presidents have not been anti-corporations (just coal) It seems that stance is changing though. But it will take a super majority of House and Senate and a D Pres..

          That could take another 8-20 years though. But when it does IMO we are screwed.

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            #6
            Why would we even allow that to happen? They’ve proven they are not for America. Time and time again they push unconstitutional agendas. They are for the total destruction of this great country. They’ve sacrificed the party to the socialist commie left and we should just flat out stand up and say No if that day ever comes.

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              #7
              Stock market does not care about Ds and Rs. Ds and Rs raise money for re-election while lobbyist write the text for laws. Market goes up most of the time weather it is Clinton, Reagan, Obama, or Trump. The post-ERISA stock market is a machine that makes huge sums of money for the financial industry. They made a lot over the few weeks being short turning your 401K into their profits. Turning your money into their money. We were all supposed to to retire rich if we just consistently invest in our 401 K. Well the generation who started with ERISA are now starting to retire. How many are retiring wealthy? They make it appear that it is the investors fault when in truth the system has been rigged since inception.

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                #8
                Good god you are bored.

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