SINthysist
Rural Racist Homophobe
- Joined
- Nov 29, 2001
- Posts
- 11,940
"Nice commercial. Does make you wonder what would've happened had Social Security been invested in the stock market like the Repubs had wanted it to be... "
I have the short answer for you Marxist.
If the investor had their funds in mutuals and did not panic, then they still had the same amount of shares. Those shares lost value rapidly. But on the other hand, all the new shares are being bought on the cheap.
Now that the market is shooting up, they will have more money for their future at a much lower market level than they had when they were buying shares at 10,600...
So, in the long run, they would win big...
If, on the other hand, they listened to the Democrats, panicked and pulled out, well, then they're fawked!
It was only temporary...
I have the short answer for you Marxist.
If the investor had their funds in mutuals and did not panic, then they still had the same amount of shares. Those shares lost value rapidly. But on the other hand, all the new shares are being bought on the cheap.
Now that the market is shooting up, they will have more money for their future at a much lower market level than they had when they were buying shares at 10,600...
So, in the long run, they would win big...
If, on the other hand, they listened to the Democrats, panicked and pulled out, well, then they're fawked!
It was only temporary...