I can now see how you lost much of your wealth. You are thinking the economy is roaring back because your house has gained back value? That's just stupid. In all honesty the economy and job losses was slowing on it's own in between Bush leaving office and Obama entering office. Once the crash occurred there was only one way to go. Up. The economy for most is in the tank. Part time job creation, a ridiculously high number of people not participating in the work force, stagnate wages for eight years, and the most worrisome indicator; 2% or less economic growth not only shows a recession like economy but an economy that cannot afford an economic hit of any kind. Trickle down economics has nothing to do with the economic crash, that's just another stupid talking point. Look I am in the Retirement Planning business. I know this advice is going to fall on deaf ears, but here it is. We are heading to another crash. All the stimulus printing, manipulation of interest rates have built a false bubble as big as the housing bubble. Not even including the commercial housing bubble about to go. It will burst. Go conservative in your investments. Be ready to pull money out of the bank and if you can put at least 10% of wealth in precious metals. My precious metal of choice is lead if you get my drift.
Nickolai wrote:
The economy is not in the tank My home has regained $250,000 of value lost in the Bush Reagan trickle down financial crises
Nickolai wrote:
Are you lost half the people In this country doesn't make enough to pay Federal taxes and will need food assistance at some point during the next 12 months and 52 % of the baby boomers between the age of 55 and 64 do not have enough savings to retire and half of them have no pension plan other than SS witch is not a retirement program but a social safety net. That is not the fault of Obama administration this is a trend that began with trickle down economics
I can tell you why the stock market almost crashed (but didn't) in 2008, but I don't want to give any information to Mrs. Clinton and the Leftist/Liberals/et al. to use in their propaganda onslaught.
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