Guy in the next cube

[The Blue Flower]

The guy in the next cube just called his stock broker and told her take everything out and put it into savings because he thinks the stock market will tank after the election.

[pooja]

1. smart man

[ThomCat]

2. He's an idiot. The stock market has done better

under Democrats than under Republicans. If the Democrats take power it will probably improve the stock market.

We'll reduce corruption, funnel more money away from the wars and into domestic programs, which will benefit people here, which will help the economy, which will show up in stock returns.

[ThomWV]

6. True, But Not Until January

[SmokingJacket]

8. I absolutely agree.

It will *certainly* tank after the election, but will eventually improve.

Lately, the stock market has little relation to reality -- just to itself and to its perception of itself.

[bananas]

3. See this thread.

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=364&topic_id=2498363&mesg_id=2498363

[Squatch]

4. Ah, jeeze.

2000 GWB steals election
2001 9/11
2002 Afghanistan
2003 Iraq
2004 GWB steals another election
2005 Katrina
2006 Bad vibes in the air

Over all those years, I've averaged (arithmetic) 21% return. My high was 31% in 2002 and 17% in 2000

[lastknowngood]

5. It's ready for an adjustment. down but watch after the election

it will boom. Dem's are better for stocks and most americans. When it was obvious that the MSM was going to make sure the shrub would win I took all of my money out of stocks and put it into gov securities. I watched people lose 60 or even 80% of their stock values. I have been switching between international stocks and govies ever since. I'm making 12 to 23% on my investments and watching the dumb repugs still buying dead u.s. stocks. Remember if you take inflation into account the stock market has lost between 14 to 18% over the last 5 years. If your not making at least 6.5% your losing money.

[Squatch]

7. Huh?

:shrug:

The current CPI is 2.9%

"If your not making at least 6.5% your losing money."

Seeing as how all my investments are in "the stock market", and I've realized an average of 21%, how do you reconcile this:

"Remember if you take inflation into account the stock market has lost between 14 to 18% over the last 5 years."

TR for the S&P over the last 5 years is 6.54%

[B Calm]

9. hmmmm what's your dividend return?

[Bigmack]

10. The day Dumbya was "re-elected"...

I called Fidelity to move my TSA. I wanted it out of the country. The guy said they have various funds. I asked if they had a Canada fund, he said yes, and I threw the whole thing into it.

It's like betting on a horse because it's a nice color, but I found out later that fund is heavy into Canadian shale oil and natural gas.

51% increase since then.

With Dumbya in, it's a good bet to bail out of this economy.

(singing)... Oh, Canada....