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Obama destroys Buy and Hold Theory

Discussion in 'U.S. Politics' started by asur, Feb 28, 2009.

  1. asur

    asur Well-Known Member

    Feb 3, 2008
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    In the past one could own stocks and expect a positive return over the long term. In the US if you hold stocks longer than 10 years and normally it was a good investment.

    Obama's plan is to produce negative stock returns.
    When one factors inflation this is exactly what he has done in
    so short a time. IN the US he have reversed the clock 12 years
    on stocks. So the Obama plan might be working in this respect.
  2. Mr. Shaman

    Mr. Shaman Well-Known Member

    Nov 27, 2007
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    I'd say the present-Market has managed that, fairly-well, on it's own.

    I think they refer-to-it as a buying-opportunity.

  3. chestnut

    chestnut Well-Known Member

    Oct 21, 2008
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    Shaman, it is so funny how proud you are of Obama when he hasn't done a thing to help. It's o.k. you can keep being proud of him, it's your right.
    But don't get your hopes up, because the bubble is growing bigger and bigger and it will burst sooner or later.

    He's has planned to spend more money than the country has spent since it was founded thru today.

    Diid that sink in Shaman? Did you understand that. There is no way to defend that kind of spending... so don't try. Just do the usual and put up a funny little saying. since you really have no answers of your own to substatiate that the spending he proposes are going to work.

    It's never been done before. FDR tried and it failed. It did not work.

    What did work was after Reagan came in to office and the country was worse off than it is now.... by far. Reagan took his time and planned carefully and then turned the country around. How. Cut taxes and got out of the way of businesses and individuals.

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