You know the feds aren't going to compensate regular people.
2007-08-16 15:47:03 · 19 answers · asked by Enigma 6 in Politics & Government ➔ Politics
Lol ChiGuy we could shut em down couldn't we.
2007-08-16 15:53:49 · update #1
Yes. I'd like to create a "run" and shut down the industry for a while. They need a full psychological reset in order to stop messing over average citizens.
People simply go about their daily biz while these corporate heads get away with whatever money can buy.
edit: Absolutely ;-)
2007-08-16 15:52:10 · answer #1 · answered by Chi Guy 5 · 3⤊ 3⤋
why would the feds compensate people for taking risks? if your stocks lose money and you sell them, you can take a capital loss.
If you KNOW the market is going to crash, short your stock and make money. The problem is, you don't. Nor does anyone else.
2007-08-16 23:07:55 · answer #2 · answered by WJ 7 · 2⤊ 0⤋
Even if the stock market crashed, that wouldn't affect the money you have in the bank.
You shouldn't sell your stocks now either. You're supposed to buy low and sell high. Not buy high and sell low. Resist the urge to panic. The stock market will recover. It always does.
2007-08-17 01:06:39 · answer #3 · answered by Anonymous · 0⤊ 0⤋
No. The average Joe needs to do what the powers that be don't expect...which is stand fast, invest where possible, and seek gains. They depend on these corrections to provide lots of cheaper stocks for which they have plenty of capital to snatch up.
Remember those who have wealth and power are rarely ever without it...no matter what the markets may do.
So..steady as she goes...the icebergs ahead are only for effect.
2007-08-16 23:39:03 · answer #4 · answered by KERMIT M 6 · 1⤊ 1⤋
Maybe you should take Economics 101 or a few business classes before you do that. But here's some news for you, the dow rises AND falls. But sure, if you want to take money out of the market before the Christmas rush starts be my guest, loose as much money as you want.
2007-08-16 22:55:05 · answer #5 · answered by Anonymous · 2⤊ 1⤋
The market will not crash and pulling your money out will only make things worse.
2007-08-17 03:08:29 · answer #6 · answered by BOOM 7 · 0⤊ 0⤋
Now is the time to be BUYING stocks.
I lost about 40% of my stock value in the last two weeks and I'm not sweating it one bit. In fact I've been buying some stocks that I like and the prices are right now.
The market will correct itself.
The dumbass day traders are driving the prices lower. That' all it is.
Smart investors buy good stocks and ride it out for the long term.
2007-08-16 22:55:09 · answer #7 · answered by Anonymous · 4⤊ 2⤋
You have money in the bank? After I get paid and pay the bills I'm back to 60 grand in debt,
I'm jealous of your wealth
2007-08-16 22:56:43 · answer #8 · answered by Anonymous · 3⤊ 0⤋
Why would you pull your money out of the bank?? How much have your bank accounts losr??
Where did yhou learn to show how little you know about the stock market??
2007-08-16 22:53:47 · answer #9 · answered by TedEx 7 · 3⤊ 1⤋
I only have 500 in the banks in cds the rest is in my safe at home , I just don't trust them
2007-08-17 02:06:12 · answer #10 · answered by Anonymous · 0⤊ 0⤋