Are you waiting for Bush to go to buy stocks?

[gulliver]

I am. Until I think we have a strong, intelligent, sane president again, I'm reluctant to get in the market. With Bush, you never know what the little bastard is going to do next.

[tridim]

1. I pulled out when Enron happened

I'll get back in when the market starts playing by the rules again and the government resumes enforcing the law. Otherwise the market is nothing more than a sucker's bet.. and I hate to gamble.

[gulliver]

3. I'm the same way.

With Bush in charge, you have to figure that Enrons are going to get a lot of slack. I want someone who shows corporations tough love. I can't stand the idea of investing in a company whose business strategy consists of nothing but gulling customers and contributing to the Republicans for cover.

[FrankBooth]

4. Couldn't agree more ...

under Bush jurisdiction, the market is a ponzi scheme. I'll wait.

[Nay]

6. I'm out, too. The hell with those bastards. Been out for a couple

of years. It is indeed a sucker's bet.

[Itchinjim]

2. I put about 3K a year in my 401k,

I've lost that 3K per year plus another 2.5K year in a shity stock market since 2001 for a grand total of 18K because of this idiot in chief. Retirement is now a few more years off than I expected to be. Fuck Bush.

[RodneyCK2]

5. I would.. They have been predicting that the economy will...

get better now for at least a year. Yeah, right. Face it, Bush's economy plan, or lack there of, is not working and that is enough to either scare people away from the market or guarantee a bumpy ride. I would wait it out.

If it looks like Kerry will win, and I have a feeling it will in a few months, especially with a few more bad economy reports, I would invest then.

[0007]

7. The funny thing is, is that junior appears to be propping up the market

to look good and it is falling so fast he can't keep up.

Buy gold!

[KharmaTrain]

8. Buy??? I'm Selling!

While those who got stung by the Bunnypants market crash of 2001-2 lost a lot, others got a nice little benefit...staring in mid 2003, the market began to go up again and those who could, rode it and are now taking their profits...right on time, just before the election.

With the debt rising as deep as it is and inflation about to start taking off, the market is not where you want to be...it's time to go back to the Raygan game of buying government bonds, as they'll be out borrowing big time next year...and with higher rates of return.

I expect interest rates to start taking off soon and with it inflation like we haven't seen since the 70's. Also the rising rate of individual and corporate debt are gonna be a big problem, too.

My big concern is that this could hurt Kerry like the inflation caused by the Repugnicans in the 70's created major problems for Carter.

[Gore1FL]

9. When you said stocks

I thought you meant the devices that held hands and head in place for imprisonment/torture.

I've never left the market. When it is low, you have a buying opportunity.

If you are in it for the short-term, that is one thing -- otherwise, its all on paper and downs and ups loosley translate into an increase over time.

The Stock Market is a long term endeavor.

[sendero]

10. Yes...

.. it is a long term endeavor, but if you buy in right before a 30% decline, it gets to be a really long term endeavor.

No thanks. The stock markets hold a huge downside risk with only a small upside potential at this time. It's not worth it. The morons running the show cannot get past their supply-side thinking, and until the demand side is addressed, this economy is going nowhere, period.

[Gore1FL]

11. I agree with that

But my company matches so even a 30% decline is 20% more than I'm putting in.

[sendero]

13. Cool...

... but can't you put your 401k somewhere besides stocks? :)

[seabeyond]

12. we are on hold til bush is out

yup yup yup