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Reply #27: uh, way to miss the point entirely [View All]

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
spooky3 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-17-07 12:10 PM
Response to Reply #23
27. uh, way to miss the point entirely
Edited on Sat Nov-17-07 12:25 PM by spooky3
I didn't give away anything. The problem is not the choices I made, but rather the state of the stock market and, recently, many alternative investments such as REITs, and how badly they have done since Bush took office, compared to historical performance, despite the Republicans' claims of economic competence. I invested in funds that are highly rated but conservative, and paid nothing other than the low fund manager fees that are required for anyone investing in these funds, which are highly diversified. Apparently you are unaware of the events that have been occurring that have affected the stock market since 2000, so you may want to bone up a little. And you may not be aware that the vast majority of Americans has at least some 401k or other money in the market, so this is a widespread issue.

Check this out, for example:

http://www.djindexes.com/mdsidx/index.cfm?event=showavgDecades&decade=2000
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