I am glad you are putting your kid's money in to help the rest of us.
What did you say when Paulson and Bush were doing the same.
Maybe we should have put some of our social security payments in the stock market as Bush wanted us to do. Maybe if you had used birth control you could have been paying even more taxes.
Stevieof GA8:27PM March 31, 2009
I appreciate the sentiment that you think 20-30 somethings should be doubling down in the market now. I am one of those thirty-somethings. Humor me, if the old people aren't interested in doubling down and investing in the United States of America. Why should I?
I do see were the writer of the article is going, but I think it's kind of funny that you are only leaning on the younger generation. Especially when Team Obama wants to nationalize 401k's. Besides that I thought our lord and savior Obama was suppose to take care of us in retirement. He is suppose to take of our daycare, housing, etc. Why should I save when I can live for the moment? Isn't that the agenda being pushed if this massive spending bill gets pushed through? Don't worry liberals, I have already broke into my kids piggy banks and sent the money to Obama and tax cheat geittner. I mean common it's only fair. By the way, make sure you bust open your kid's piggy banks too.
Joeof NY8:04PM March 31, 2009
I appreciate the sentiment that you think 20-30 somethings should be doubling down in the market now. I am one of those thirty-somethings. Humor me, if the old people aren't interested in doubling down and investing in the United States of America. Why should I?
I do see were the writer of the article is going, but I think it's kind of funny that you are only leaning on the younger generation. Especially when Team Obama wants to nationalize 401k's. Besides that I thought our lord and savior Obama was suppose to take care of us in retirement. He is suppose to take of our daycare, housing, etc. Why should I save when I can live for the moment? Isn't that the agenda being pushed if this massive spending bill gets pushed through? Don't worry liberals, I have already broke into my kids piggy banks and sent the money to Obama and tax cheat geittner. I mean common it's only fair. By the way, make sure you bust open your kid's piggy banks too.
Joeof NY8:04PM March 31, 2009
it's very irresponsible to invest in your retirement by purchasing assets when they're on sale.
If there's one thing that Stewart got a bit confused, it's that long term investing is completely unaffected by what Kramer was doing. Long term investers don't care about the so called "shadow market" and short term fluctuations.
What would be irresponsible and over simplistic in this market would be to double down on bonds or cash in the matress ... ever heard of inflation? It's going to be roaring back with a vengence with all the federal debt piling up. The only asset that can beat inflation is stocks. The risky decision would be to ignore that fact. And yes, it is a fact.
Judof TX12:04AM March 31, 2009
don't ya think? I mean, did no one learn anything from the Stewart/Kramer smackdown?
U.S. News Money takes a contemporary look at happenings in the financial world and aims to help young investors get going with their portfolios--or just sound cool at cocktail parties.
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Stevie of GA 8:27PM March 31, 2009
Joe of NY 8:04PM March 31, 2009
Joe of NY 8:04PM March 31, 2009
Jud of TX 12:04AM March 31, 2009
Rich of IL 7:35PM March 30, 2009