Obama secretly meets with hedge fund honchos to save USA

[Bob111]

The government seems intent on punishing investors.

it feels this way from like 2005 or so.. now all savers are completely cornered..nothing in the bank,stocks hitting all time highs along with bonds. every single type of security is up to infinity and beyond.
all of them,while everyone and every country,every numbers are predicting zero growth in near future. and those taxes on cap. gains,interest and divs are nice primer to top it off.
the problem is(at least to me) that it is impossible to adjust to those morons in DC..i sold all high divs a year ago,when they are talking about exact same BS about rising taxes on divs. then i bought it again and sold it couple months ago..they still f** talking about it..make up your f** minds,damn mofo's..

 

[marketsurfer]

Quote from 377OHMS:

I still buy dividend yielding securities. It doesn't look like a winning strategy anymore though. The government seems intent on punishing investors.

One of my grandmothers managed to accumulate controlling interest in a moderate sized utility and lived on dividends leaving the principal intact. It left an impression on me. She used to take the bus to shareholder meetings downtown. She was known as the little old lady who owned the gas company.

Love it! that's an awesome story, thanks for sharing. Yeah, my grandma loved the stock market also-- bought in during the depression and did quite well over the years. surf

 

[ktm]

Quote from Bob111:

it feels this way from like 2005 or so.. now all savers are completely cornered..nothing in the bank,stocks hitting all time highs along with bonds. every single type of security is up to infinity and beyond.
all of them,while everyone and every country,every numbers are predicting zero growth in near future. and those taxes on cap. gains,interest and divs are nice primer to top it off.
the problem is(at least to me) that it is impossible to adjust to those morons in DC..i sold all high divs a year ago,when they are talking about exact same BS about rising taxes on divs. then i bought it again and sold it couple months ago..they still f** talking about it..make up your f** minds,damn mofo's..

With all due respect, you may want to think about a different investment strategy. It sounds like this legislative crap is getting to you.

It's not going to end any time soon.

In fact, it will probably get worse. The proverbial can is going to be kicked down the road every chance they get - after holding a press conference to talk about how the other side doesn't care about "the American people". And it will just repeat over and over. If it's not the cliff, it's the debt ceiling or the deficit or an election or something else that we're all waiting for. And that's just the crackpot politicians in DC...never mind Europe, legitimate market issues, real estate, inflation, the deficit, corporate earnings and all the rest of it.

Extreme moodiness, volatility and an endless stream of crap to worry about looks like our menu for the coming years. The average retail investor hung it up after the last crash. They are very slow to return (if ever) as long as the politicians are on TV all day and we have "countdown clocks" to the next crappy event in the bottom corner of our TV screens.

This stuff is supposed to be fun and make you some money. You can't let it drive you nuts!!!