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 : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?

To: RMF who wrote (65931)	6/26/2013 9:31:36 AM
From: Peter Dierks	Read Replies (1) \| Respond to of 71588

I have not had the problem of where to put new money. Obamanomics has really hurt my business. It is far more recession proof than most on the low end, but it took out quite a bit of high dollar sales. Australian bank stocks. Anything in Singapore. Do not make new investments in US dollar denominated securities. International stocks are not denominated in any currency. Dollars worthlessness can hurt them, but the gains in foreign investments help offset the US losses. Current onerous US corporate tax rates actually help protect multinational corporations against Obamanomics. Investments won't be repatriated into dollars while corporate tax rates are high.