Not just the rich. I sold all my stocks the morning ofter election day. I probably won't get back in until the DJI is close to 6500-7000 points.

 

Man, I leave the country and the stock market goes down the toilet again... This happens every time for me.. Good luck to everyone in the market.

I pulled out a while ago and can't afford to jump back in right now. But it probably would not be a bad time to pick basic staple companies (Basic necessity companies) to buy into.

Your right though, it is gonna take a while to get the economy in check and by no means is taxation the end all be all answer, gonna have to find a way to cut back spending, not INCREASE it on more social welfare programs.

 

I say it's time to buy stocks!!! For less than a buck I can tell people I own part of Fannie!