Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: RoseofTexas

The market will go up after a slump as it has for the past several decades. Buy (stocks)low, and buy now -- many millionaires emerged from the Great Depression......


6 posted on 04/15/2005 3:42:21 PM PDT by tracer
[ Post Reply | Private Reply | To 3 | View Replies ]


To: tracer

Quote: after the Federal Reserve reported drops in manufacturing and other industrial production,



According to all the free traitors the cheap dollar would have the effect that china would be buying so many goods from us that each of us would be rolling in money.

And, all those increasing freedoms and the building of a middle class in china would cause their people to go on a spending spree buying up American goods like no tomorrow.


15 posted on 04/15/2005 3:52:05 PM PDT by superiorslots
[ Post Reply | Private Reply | To 6 | View Replies ]

To: tracer
The market will go up after a slump as it has for the past several decades. Buy (stocks)low, and buy now -- many millionaires emerged from the Great Depression......

You're right. A financial planner I know told me that if you had owned an average stock portfolio on the eve of the Great Depression and did nothing (didn't sell), by the end of the Great Depression, that stock portfolio would have increased twelve-fold.

97 posted on 04/16/2005 4:18:30 AM PDT by Uncle Vlad
[ Post Reply | Private Reply | To 6 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson