Obama the socialist - revisitied...

[tech a]

fwiw - people aren't FORCED to put there money in those investments... investment is risk, without risk there can be no reward... if you remove the risk you remove the reward... btw - when you contribute to social security, do you get back every dime you contribute or just part of it?? how is this any better than the stock market is right now??

I agree! I have little sympathy for those who could have moved their 401K/IRA's to something other than stock funds.....If you ar either too lazy or too
stupid to know that in any election year the stock market is volatile, then,
don't cry to those who do their due dilligence and protect their investments!
Last December I moved a large portion of my 401k to (Fidelity) GinnieMae and
Intermediate Bonds, leaving some in aggresive growth/magellen/etc....
Result: I have taken a small hit, but, nothing like my co-workers who left
everything in stock funds. As soon as I think the market has bottomed out,
I will move back into the high risk/high reward funds...Unless it looks like Obama will be successful in "redistributing" my funds into the general social security account (oh yeah! he will try it), then I will cash out what I can and buy gold and guns and ammo.....

 

[bonz50]

I agree! I have little sympathy for those who could have moved their 401K/IRA's to something other than stock funds.....If you ar either too lazy or too
stupid to know that in any election year the stock market is volatile, then,
don't cry to those who do their due dilligence and protect their investments!
Last December I moved a large portion of my 401k to (Fidelity) GinnieMae and
Intermediate Bonds, leaving some in aggresive growth/magellen/etc....
Result: I have taken a small hit, but, nothing like my co-workers who left
everything in stock funds. As soon as I think the market has bottomed out,
I will move back into the high risk/high reward funds...Unless it looks like Obama will be successful in "redistributing" my funds into the general social security account (oh yeah! he will try it), then I will cash out what I can and buy gold and guns and ammo.....

don't worry, its coming, he will immediately DOUBLE your capital gains tax... and is shooting for a 55% death tax on everyone... imho, those two reasons are enough to keep me from voting for him, forget all the other stuff, stay the FKKK out of my wallet!!!!