If You Truly Support Prs. Obama... Buy Stock!

Funny you should mention stocks because I've been thinking a lot about investing. More for selfish reasons, but if the end results help the economy then I consider that a bonus.

It makes no sense to buy stock in a company that will likely fail so now is definitely NOT the time to invest. My husband and I have been watching some technology stocks that I'm interested in but these companies have to survive before we invest. Once I see an indication that they're going to hang in there, we'll invest and we won't be buying just one share. The Stock Market is about making money, not about proving your support for your president. Your idea would help some businesses but there are many that are beyond help. By the way, I'm a big supporter of buying good stock when the price is low. I almost bought stock in Cisco when it first came out because I knew it's potential but I chickened out. Had I bought what I could afford to risk back then I could have sold those shares last year for well over a million. I'm still kicking myself over that one.

I was going to invest a little this year. Instead, I invested it in food. This was good, I bought it at double the price it has now tripled. Good investment. Now lets look at the Obama supporters and your idea. Lets go a step further, how about his supporters each buy one then the people that didn't vote for him - dump one. My guess is that the majority that voted for him, do not and will not buy stocks. While your idea would be a success, it wouldn't happen. I did not vote for him and I have no faith in what he is doing. The best investment really was in food!

I don't support Prs. Obama. I wouldn't want the credit to go to his name. Maybe when the next president comes along, I'll be more happy with the results, and then buy 1 stock every month.

The economy runs in cycles. So eventually, the market would recover despite the President. That is unless of course he passes stupid legislation that hampers the restoration of that confidence. Which by the looks of this budget, we are going to be in this depression longer. There are even names for the ups and downs of the cycle, the bull and the bear. The stock market actually runs on faith and confidence. The faith of the people to invest their money in companies, and the confidence that these companies will make the investors money. No one gambles to lose. What has really happened is the people have lost their faith and confidence. No one invests in a sure fire losing hand. What the President has to do is restore the faith and the confidence. So far, he has not done that. Maybe if he started injecting hope instead of doom and gloom, he might be able to keep the depression from getting much worse. Right now, most people can't afford to spend that one dollar on stock because that one dollar is needed for groceries, the rent, or utilities that are necessary for survival. It may not seem like a lot but in this economy and with the months ahead, every dollar counts and what you spend it on counts even more.

Para, I would love to buy stock right now, but I can't afford to because of the Bush recession. I didn't make enough to get a huge Bush tax cuts, I didn't own an oil company, a denfense company, or an insurance company, so I actually had to earn my money. I didn't own a bank, or start up a bank, so I didn't get any free money from Paulson, and Bush. I am just a normal American trying to get by, untill the new president can fix the mess that the republicans created.

I am invested in the Stock Market because I believe in America and the Free Market. I am not investing at this time because the market will continue to fall, a few rallies here and there, and I am waiting for the bottom then I will invest. I have no faith in the Stimulus Package as it is full of pork and political pay backs. My faith is in the American Free Market.

Now I read this discussion, and I'm biting my tongue. I know this is an ideal time to buy some of our oldest companies, but I can't do that right now. You wanna know why? I'm earning a quarter of what I should be at this point in my life. I also have MS, which makes life difficult at times (esp without health insurance). The biggest problem is that the same people who put our country in this mess ARE STILL IN CHARGE! I've lost over a $100k in 'paper' money on my home--and now they're trying to save it??? It's become a tremendous burden--Citibank's dying and they're replacing the captain with me (to go down with the ship)! Obama's trying to get things started, but no one remembers history...remember 1929? That was because stocks (paper money) had their values increased...only for someone to wake up and say Hey! I want some cold hard cash! but there wasn't any because it was never real!!! Fast forward to 2008.... same scenario, except replace stocks with real estate values...see where I'm going with this? All this 'loan remodification' crap is only going to keep us in debt forever! I honestly don't see a way out unless things change drastically in corporate America as well as the government. The 'bailout' money isn't free--it's still gotta be paid back! People need to wake up--if we don't change our thinking, we're going to repeat the 1930s again!

Actually, that is great advice! "The Stock Market Isn't as Bad as you Think Most of the stocks plummeting in 2009 are in financial companies. Meanwhile, 172 of the stocks in the S&P 500, around one third, are in positive territory. Many will continue to fare well during a recession. The indiscriminate selling that was a hallmark of the market at the end of last year appears to be over...hopefully for good." (CNN Money)

HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA!HA! You go Brother Ted!

You know that 1% that has like 98% of the wealth? If Americans all had money, they probably would not have voted for Obama. Why do you think 95% tax breaks sound so good to us? We know that 5% cannot apply to most of us, because we don't have the money....but many of the 95% are working more than they probably should...or can.... The Stock Market is a nightmare because of unregulated areas that allowed "creative accounting" to flourish. Greed, and focus on the short-term...disregarding the fact that the entire country depends on the economy...is what go us into this mess... Leveraging got us into this mess....operational and financial....sending more of our jobs overseas and decreasing American production....accumulating massive debt to place on others... The criminals are being rewarded, and yet you want the citizens to pay more? Why? So these CEOs and CFOs can go on their trips to Vegas and do who knows what with our money? Yeah right. I'm scraping enough money to stay in my townhome and continue going to school... I can't even afford to go to the doctor and I have insurance.... But you think we need to keep giving more of our money to the company's that got us into this mess? What about their research departments and forecasting...like with the Automotive industry--it's not hard to realize that oil would eventually run out, or prices may cause some issues...reliance upon a finite resource does not sound like a good business strategy to me...If they had invested in development and research, instead of just making more gas guzzling vehicles...maybe they wouldn't need to be bailed out. Maybe if AIG did not give out loans to make a quick buck, and people had only taken out a loan they could afford, maybe we wouldn't be in such a bad spot. DEBT is the issue, and these businesses should fail. The only way America can truly recover is if we improve what got us into this mess. Maybe starting with the good businesses will help...not throwing money at those that obviously did not succeed.

Interesting idea. There are quite a few bargains out there, which should be worth a pretty penny once the economy recovers.... But I doubt the majority of people who voted for Obama can even afford a single share of stock. They saw him as their savior who'll give them money, save their house, give them a job. They don't have a dime to spare. That leaves people like Warren Buffett... Oh, I forgot, after giving Obama his support he now completely disagrees with him on economic policy. Maybe losing billions does hurt. And who wants to end a career on a sour note, lol. How about Hollywood greats.. Clooney and the others who so greatly lend their support... ah, Hollywood is fickle and they want to live comfortably. They would only invest a fortune (as they are among the few left who could..well, they need to spent millions to boost the economy) if they would see an advantage in it. Actors make great politicians because they are so used to the 'you scratch my back, I scratch yours' mentality... Nope nobody will do it to help out poor Obama. But don't worry, people will start buying, when they see that there is a future in the company and the stock is at a bargain price right now. Last summer, even fall, I would have said buy when the market is around 7,500. However with our current administration's spending spree and lack of organization and oversight (how often have they promised that now?), I would say, wait till it hits 5,300 something. Point is, nobody really knows what this administration is going to do. Right now it looks like a free for all on pork and little initiative in areas where it's needed. The stock market will go up again, there is no doubt about it, the question is more as to when and which companies will survive. Therefore, investors have to rethink their investment strategies, re-analyze company values and survivability. And they have to shake the jitters they got from the tumble. That will take a while. Okay, getting off course here..;)

That's exactly what I have been thinking. Why aren't his supporters buying stock? Maybe because most of the people who support him think he's going to give them stock? This might seem like a silly question but I remember hearing a lot when I was younger about "investing in America" by buying U.S. savings bonds. Whatever happened to that? Why aren't they pushing them?

I support Obama!

The answer is easy Ted. The people who voted for Obama don't want to give their money or spend their money. They elected Obama so they could TAKE money from the government and from the wealthy Americans in this country. The government OWES them. They don't owe the government $hit and you can't expect them to give back when the people running our government can't even pay the REQUIRED taxes.

yes we will do