Quote Originally Posted by khronik
I'm not an investor, which is why I have my money invested in a managed mutual fund. I'm not sure the details, but if I pull it out now, I lose even more money. And pretty much everyone that has money invested in stocks is losing money too, not just me. The money I'm losing isn't a lot, but it's significant. No one can accurately predict the stock market, so I think I'll just keep my money in there and weather out the recession.
You can most certainly predict the likelihood of a company becoming profitable and what it's projected growth will be. If you couldn't then men like Warren Buffet would be poor.

Why will you lose money and how much money will you lose? How much money have you lost in this fund over the last 2-3 years? Do you see what I'm getting at? Does the amount you'd lose by pulling out come close to the amount you've lost already? If so then you should've backed out of your fund probably last year.

Honestly I'm not sure why you brought up the fact that you've lost money multiple years in a row. It wasn't relevant to the subject at hand or the government and was only about you.

The mutual fund part of your reply really didn't interest me in particular except that you would try to put a personal experience that you had the right and the oppurtunity to avoid, on to someone else (that's how it appeared in your post anyhow. Maybe you didn't mean it that way).

So, if Obama is president, and you have money invested in stocks and you lose money, then it's his fault, but if Bush is the president, and you have money invested in stocks and you lose money then it's no fault but your own?
No.. I wouldn't blame any president. The stock market is the stock market. I have the right to not play it.
daihashi Reviewed by daihashi on . You are Big oil This is great Nobama wants a WINDFALL profit tax on big oil give you a 1000 bucks...... I could use it Ill tell ya, BUT Ask your MOM and DAD, look at you prospectus, statement, whatever...... Rating: 5