Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: John Vosilla who wrote (121441)	9/21/2012 12:54:57 PM
From: RetiredNow	Respond to of 149317

Well, John, I guess doom and gloom was a fad with you then. For me, I simply call out the facts as I see them. When things are good, I call them out. When things are bad I call them out. If the messages have been all doom and gloom for so many years, it's because that's how many years things have been bad. I'm a realist. I don't hide my head in the sand with false optimism. The world simply is the way it is. THe most I can do is educate myself as to the policies of the current folks in power, project outcomes into the future, and then invest accordingly. I see nothing but a continually deteriorating economy and debasement of currency as long as Bernanke and Obama are in power. That's not politics. It is simply an educated guess based on their policies. I am invested accordingly. The problem with false optimism is that it can cost you money. I don't think you are in danger there, as your investment proposal of investing in real estate to rent, seems like a sure money maker to me over the long run. But if you are in the stock, bond and commodity markets with your retirement funds, like I am, then I'd be much less sanguine about future prospects. At the end of the day, money printing and deficit spending does not create wealth sustainably. I know we want to believe it does, but it does not. It is just lipstick on a pig.