On Nov 3rd I will be voting trump because I actually like my country unlike the unemployed children running around with bullhorns shouting "let's kill the police". Trump has a very simple policy in place where he is telling the FED to keep the foot on the gas pedal and pump up the economy and the market. If Joe "sniffer of children" Biden gets in office, the FED will take a more relaxed approach because your taxes will go up to shore up the economy. In the Trump scenario the market should just continue to be a bull market and rise organically over the next 4-8 years. In the Biden scenario there will probably be a "major market adjustment." This means your 401(k)'s will be wiped out and it will take 10-12 years to get the economy back. That means Biden may just be a huge bull trap. What is a bull trap? A bull trap simply is when you invest your money into an overpriced market and then you lose almost all of it because the market "corr...
As it stands currently. The entire world's economy is about to drive off a cliff like some beered up lesbians with adopted children. But I have thoughts and opinions. And one of those opinions is that the people in power who need the banking system to maintain control will neve ever allow the market to completely crash. They would in effect lose their power and control. Wether it be through stimulus or the FED pumping the market. I believe they will do anything and everything to save the financial system. They have done it before. They will do it again. MIELY Mitsubishi electric.
College Football and Stocks I just woke up and there is less than an hour left to get some money into the market before the weekend comes. Sunday I will begin a weekly post called "Sunday Scorecard" where we will keep track of how we are doing overall. I am going to explain the concept of Blue Chip stocks, then I am going to buy some. A STAGNANT MARKET TODAY In college football Blue chip players are players that have proven themselves to be Elite and on the highest level. They are highly sought after because they are an asset added to a team. They improve the overall team by being so good. Blue chip stocks is the same thing just with stocks. It's time to sell out to the man, man. If you are a Blue Chip stock hunter the number one thing you want to look for is STABILITY. Something that has been around for a long time and has garunteed money coming in for a long time in the future. And oh boy oh boy oh boy.... You just can't get more stable than UNCLE SAM...
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