Comments on: Obamanomics, or How Low Will the Dow Go! http://the-american-catholic.com/2009/03/04/obamanomics-or-how-low-will-the-dow-go/ Politics and Culture from a Catholic perspective. Thu, 09 Feb 2012 17:29:18 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Phillip http://the-american-catholic.com/2009/03/04/obamanomics-or-how-low-will-the-dow-go/#comment-1482 Phillip Thu, 05 Mar 2009 15:39:41 +0000 http://the-american-catholic.com/?p=5439#comment-1482 Another thought on "how low can it go." They're talking 4000! Do I hear 3? http://www.marketwatch.com/video/asset/dow-could-hit-4000/1973951D-B6AB-41F1-B91D-06032C304AFB Another thought on “how low can it go.” They’re talking 4000! Do I hear 3?

http://www.marketwatch.com/video/asset/dow-could-hit-4000/1973951D-B6AB-41F1-B91D-06032C304AFB

]]> By: Phillip http://the-american-catholic.com/2009/03/04/obamanomics-or-how-low-will-the-dow-go/#comment-1481 Phillip Wed, 04 Mar 2009 19:37:01 +0000 http://the-american-catholic.com/?p=5439#comment-1481 The question for long-term investment then is will this (possible) depression transition into sluggish, European style growth? If so, will the conventional wisdom about long-term investing hold? Or if one is already in their 40's it might not be advantageous to invest but if one is in their 20's and young 30's perhaps so? The question for long-term investment then is will this (possible) depression transition into sluggish, European style growth? If so, will the conventional wisdom about long-term investing hold? Or if one is already in their 40′s it might not be advantageous to invest but if one is in their 20′s and young 30′s perhaps so?

]]> By: Tito Edwards http://the-american-catholic.com/2009/03/04/obamanomics-or-how-low-will-the-dow-go/#comment-1480 Tito Edwards Wed, 04 Mar 2009 18:50:51 +0000 http://the-american-catholic.com/?p=5439#comment-1480 Obama's anti-capitalist rhetoric has driven the market further down. The economic slowdown may have started with President Bush, but Obama is pushing this economic slowdown into a disasterous depression. Obama’s anti-capitalist rhetoric has driven the market further down. The economic slowdown may have started with President Bush, but Obama is pushing this economic slowdown into a disasterous depression.

]]> By: Phillip http://the-american-catholic.com/2009/03/04/obamanomics-or-how-low-will-the-dow-go/#comment-1479 Phillip Wed, 04 Mar 2009 18:46:05 +0000 http://the-american-catholic.com/?p=5439#comment-1479 In the 80's Japan was the economic miracle. John Henry's link above shows how things can change. The general rule for the American Stock Market has been to hang in there. In the long-term things will turn out just fine. However, is Obama's economics making the future of the American Stock Market look more like the current Japanese one? In the 80′s Japan was the economic miracle. John Henry’s link above shows how things can change. The general rule for the American Stock Market has been to hang in there. In the long-term things will turn out just fine.

However, is Obama’s economics making the future of the American Stock Market look more like the current Japanese one?

]]> By: Tito Edwards http://the-american-catholic.com/2009/03/04/obamanomics-or-how-low-will-the-dow-go/#comment-1478 Tito Edwards Wed, 04 Mar 2009 16:58:20 +0000 http://the-american-catholic.com/?p=5439#comment-1478 Bill, I completely agree. I probably should have put a caveat to my earlier posting concerning investing in high risk mutuals, but while you're still in your 30s and 40s. Bill,

I completely agree. I probably should have put a caveat to my earlier posting concerning investing in high risk mutuals, but while you’re still in your 30s and 40s.

]]> By: John Henry http://the-american-catholic.com/2009/03/04/obamanomics-or-how-low-will-the-dow-go/#comment-1477 John Henry Wed, 04 Mar 2009 16:42:50 +0000 http://the-american-catholic.com/?p=5439#comment-1477 <i>As one gets into their 50’s, one must be way cautious and seeking more safety.</i> It's a very good point. I turn 30 later this year, and so I can accept a higher level of risk. It may be a very bad idea to step up 401k contributions into the market if you plan to retire in the next five years. Even for younger people, the Japanese stock market is a pretty stark reminder that markets don't always continue upward. http://www.tradingeconomics.com/Economics/Stock-Market.aspx?Symbol=JPY As one gets into their 50’s, one must be way cautious and seeking more safety.

It’s a very good point. I turn 30 later this year, and so I can accept a higher level of risk. It may be a very bad idea to step up 401k contributions into the market if you plan to retire in the next five years. Even for younger people, the Japanese stock market is a pretty stark reminder that markets don’t always continue upward.

http://www.tradingeconomics.com/Economics/Stock-Market.aspx?Symbol=JPY

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