Watching the President on Leno last night got me thinking.
Do you invest your money in the stock market? Do you have mutual funds? Do you have a 401 K? Do you have an IRA? DO you have a 529 for your kids? Do you day-trade?
Whether you answer yes or no, do you understand what it means to buy stock? Do you understand exactly what you're buying and how that price is determined? Do you understand the inherent risks in investing? Do you understand what it means when we say a stock is "overvalued?"
Now, who holds responsbility for the up and down in your portfolio? Do you own any responbility based on the choice to invest or not and how to do so?
Asked by Anonymous at 8:15 AM on Mar. 20, 2009 in Politics & Current Events
Answer by Anonymous at 9:16 AM on Mar. 20, 2009
I would have to say those with Pensions that are tied to stocks (ie: many teachers pensions are many oil and energy companies, etc) have less CHOICE on where to invest than I, who chooses when and where I put my money. HOWEVER, the market responds to the slightest hint of government intervention. If the Government would not continue to bai industry out, smaller corporations would most likely rise up through the rubble and prevail. But too many in Washington feel certain businesses are "too big to fail", so they intervene. This hurts American Business, the stock market and those who invest (whether they choose to invest or are tied to a pension)
Answer by grlygrlz2 at 8:25 AM on Mar. 20, 2009
Answer by grlygrlz2 at 8:28 AM on Mar. 20, 2009
Answer by grlygrlz2 at 8:29 AM on Mar. 20, 2009
Answer by mustbeGRACE at 8:29 AM on Mar. 20, 2009
Answer by plylerjones at 8:33 AM on Mar. 20, 2009
Answer by Anonymous at 9:03 AM on Mar. 20, 2009
Answer by Anonymous at 9:04 AM on Mar. 20, 2009
Answer by Anonymous at 9:13 AM on Mar. 20, 2009
Answer by trebelcleff at 10:27 AM on Mar. 20, 2009