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Reply to "WHO is pulling all of their money out of the stock market?"
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[quote=Anonymous][quote=Anonymous]In my humble people advocate staying to stay the course because they do not want others to pull out of the market. When things are ugly you need company. The other reason is the strong belief that the government WILL always come to the rescue. People should always do what's best for them. Angrily telling people to stay the course or questioning their intellect for pulling out misses the point. People are in a tough position. What concerns me today is the future impact (tax rates, safety nets, etc...) on the economy as the result of the recent monetary policies and upcoming fiscal policies. I am worried! I hope someone can convince me that the way we are savings the market today will have no impacts whatsoever in the future.[/quote] Oh it will affect it terribly. Ballpark estimate of 2020 deficit: 2 trillion dollars. That's why everyone with half a brain lost their mines when a tax cut was passed during the "strongest economy ever in the history of the world" in 2017. Bad idea. But that is true whether you invest or not. [/quote]
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