The Friendly Money Making Board

[coydog]

The markets do what they always do. They punish people that make foolish choices. People like me move in after the people that make foolish decisions have been punished. Warren Buffett has made big bets recently. I have not. It was interesting to see the contrast in the two parties at the closing on my new place. The person who lost the property drove up in a new Dodge diesel turbo dually. I drove up in an old beat up station wagon. He had debt and I had cash. Cash won. The reason that I have not gone back into the market is that the government is too involved now. Some of the dumbest people I have ever seen are pulling the strings now. The people in congress that caused the problem are now looking for someone to blame. Did they ever look at themselves? I think tax exempt bonds may be the only safe investment if Obama is elected. I do not see any opportunity in stocks if Obama with a socialist agenda is in charge.