Message Font: Serif | Sans-Serif
 
No. of Recommendations: 1
blamed Obama for everything, wished for a Romney victory so that the stock market goes up,

The stock market doubled under Obama's first term, look at any 5 year chart of the S&P 500 starting with the day he got sworn in. So how could his re-election automatically be a bad thing? Sounds like a FOX-news wing-nutter "all things right good, all things left bad". History does not support this view looking at the markets. It's also very blind for someone who's supposed to be looking at things in a realistic light.

Any decent broker, if they truly believed the election would make a bit of difference (I don't) would have a contingency plan for both outcomes, not just one.

Your broker is a fee-sucking idiot who has your friend conned but good.

Run away. Fast.
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement