Thread: Investing 102
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Old 11-07-2012, 09:25 AM
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Well, it is what it is. I am not posting politics, but my financial opinion.

I am not a really wealthy guy, so this is going to be an interesting time for me.

I think the election is part of the "punish the wealthy " tour..But strangely , those that voted for Obama end up shooting themselves in the head and not the foot. Many are young and see this as a "victory"..I think long term it won't be a victory for them at all..

If we were sidelining money due to unceratinty, what do they think we will do now...Debt,Taxes, Obamacare, ect...will only have brutal consequences on where we put our money..So if we don't invest, then Jobs are not created or kept..

I only see the middle getting crushed in the near future...The poor will stay as they are, and the really wealthy will weather the storm..The middle will suffer. Just my opinion, but sadly i think I am right..
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