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i just bought a 99yr old 22 long rifle single shot, and was wondering if anyone new how much it could be worth? i'm not sure if it still fires or not.
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i don'... |
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I mean consistantly...how rare is it.???
Even in this horrible market I have managed to make about $22K so far this year trading in an out of stocks. So, wondering if I could do it full ... |
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I have $10,000 in my savings account and I want to invest it. Is this a substantial amount to invest? Or should I keep it for a rainy day? Any advice?
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yeah, I was also ... |
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I have questions about it.
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 Good fund to invest in for long term no hassle? |
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 Buying an out-of-favor poorly rated stock? |
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It seems like the loss would not be great, since ... |
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TT | IF a DEM gets into office in 08 what will the Stock Market do? |
I'm thinking about cashing all my stocks out next year if it even looks close to DEM wins. Especially Hillary....She will ruin the economy and the markets...what say you? |
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Ron L
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The stock markets usually factor in things like this well in advance, so when an event actually happens, there is not a sudden change.
Look at the history of the stock market and compare between Democratic and Republican administrations. I think the stock market does about the same regardless of the political party in power. However, there may be a perception that it does better under Republican administrations. The stock market did quite well under the administration of Hillary's husband.
However, there may be particular companies that will be negatively effected and other companies that will be positively affected. There may be a shift away from defense spending with a winding down of the war in Iraq, so defense contractors might not continue making the big profits they have been. This might not be the time to buy stock in companies in the defense industry, despite a good run for them.
On the other hand, alternative energy companies and health care companies might see an increase in their profits if new legislation and government spending is favorable to those fields.
I suggest you look more for how particular companies are run and their outlook for the future. It is hard to predict the overall stock market, but there are fewer variables when you are talking about just one company.
You might also take a tax hit by cashing out your stocks next year. If you think that the companies are not going to perform well and you have good reasons to support that, it might be a reasonable move, but if you think they are good companies and will continue to make profits, it's better to delay any tax implications, so staying in the market would make more sense.
There is always someone saying that this disaster or that disaster is going to ruin the market. There is always risk- that's the nature of stocks. But, in the long run, stocks are a very good long-term investment.
Best wishes to you. |
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Edward Hyde
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Ron L has made good points. But reflecting on the Clinton Administration is a bit misleading. Under the Bush the elder administration he was sucked into raising taxes by the Democrats promising to cut spending. There was a recession that caused Bush to lose reelection. Clinton came in during the recovery from that recession. During such recovery periods the stock market tends to climb about 67 per cent. But Clinton also raised taxes. This knocked out about three-quarters of the recovery, but did not send the market quite into decline. Then after two years, this record, plus Hillary's Hillarycare, plus the Republican Contract With America turned Congress over to the Republicans. Thereafter Clinton acted somewhat Republican. The next six years were pretty good, but it was hardly because of Democrats. |
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Scruffy Scirocco
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Don't do this. I'm no fan of the democrats, but you have to be objective in the market.
The market will go down in summer of '08. It does this any summer, no surprises there. There might be some funny business on the part of Soros & Co., artificially pushing the market down in order to make the present administration look bad economically. Those chickens will come home to roost, so the net effect will be minor.
The market will then flatten out in the fall with very little up or down, as everyone holds their breath with uncertainty. If anything the market will go down during this period as the big boys go to cash to wait for what happens.
Wednesday morning after the elections the market will boom, regardless of who wins. The market hates uncertainty. The resolution of the election will remove uncertainty and the market will soar. I predict it will go higher if Hillary is elected than if anyone else gets the nod, just out of sheer exhuberance.
If Hillary does get in, the effect on the market will not be dramatic. The market will tank, but it will do so in a very slow, dignified way, as the luster wears off and her insane tax policies start to take effect. There will be significant drops here and there, especially if she starts foaming at the mouth about the capital gains tax.
She will no doubt resurrect Bill's economic plan, because it seemed to work so well in the '90's. Problem is that this isn't the '90's, and you don't have a peace dividend, Reagan tax cut legacy or a new, exploding technology sector.
The result will be disasterous, as you say. Make some lemonade, though. Get your account approved for options trading, and protect yourself with long-term puts. Then use put options to make money in a declining market. No need to leave the game, just recognize which way the wind blows and go that way with it.
Good luck! |
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Baccheus
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I dunno, but the economy was very strong during the He-Clinton years. I expect that the value of the dollar will immediately climb; the international markets hate Bush's economics and have driven the dollar down. Anticipation of reduced deficit and therefore lower interest rates will help the dollar and the markets. But the stronger dollar will hurt exports, and that might dampen some stocks. Anticipation of some new taxes might hurt some stocks, but at some point we have to address the deficit regardless of who is president. Its so ironic that the Republican party has become the fiscal irresponsibles and the Democratic the party of surplus budgets. Anyhow, the Bill Clinton years showed that a well-managed economy can thrive even with Democrat-like taxes.
My stock strategy has been to be very heavy in foreign stocks while our dollar has been taking its dive. (Up to 40% foreign stocks, whole portfolio has grown 25%/year for past 4 years. The foreign component must be up 35% or so per year).
As the dollar hit what I hope is near low, I have moved a substancial portion to stocks of American companies that are heavy into exporting.
As the election nears and the world becomes convinced that a Dem will become elected, or if a Republican fiscal conservative is nominated, or anybody but Bush will become president, I will move more foreign and exporting company stock to domestic in anticipation of a stronger dollar. |
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ramon
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A little premature to be moving your investments to foreign stocks this early in the game. When you sell your american stocks you are receiving US Dollars and if you takes those Dollars and buy Foreign Stocks you are actually buying ADR's and you are purchasing the stocks in a reflected Foreign currency that is not to favorable at this time. US $ gets stronger foreign stocks goes down in price and visa verse. Clinton was a democrat and that produced on of the best and longest bull markets the US has ever had.
When that market went south the money had to go somewhere and it did. Into Real Estate. And when the interest rates started to go up the money flowed into bonds.
Worry about who gets in rather than what party gets in and remember historically the presidental election year is an up year for stocks |
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'Taker
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You are 100% right. The market will go down like the Hindenburg; in flames. I've already moved my 401k into foreign investments for the time being. No one is allowed to make any money under a dem. And if you try, they'll take it away and give it to someone they think needs it more than your family does. |
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zyberianwarrior
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well look what the Marxists Queen did to health care as first lady? Thats all you need to know.
However the commiecrats also wants to tax big oil, pull the troops out NOW, tax the dividends at a higher rate, lower the threshold for "wealthy persons" etc etc etc...
However an entire pull out is a BAD idea. If the commies win then FOREIGN markets you need to be in. Their economies are doing just fine and a low dollar is helping them. Then you need to be in something like a TIPS fund. Because inflation WILL go up.
If the commies win you need to be out of Energy, Oil, High Dividend stocks, defense (except for milk and cookies), and others areas the commies don't like. ESPECIALLY HEALTH CARE!!!!!!!! |
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