Political Investing

We have two candidates for president that have really different ideas on how to make the economy grow.

Bush believes in the entrepreneurial approach. People should be allowed to invest in themselves. He even wants to let people have some of the 15% that now goes to the Social Security "trust fund". Folks, there ain't no such thing. All the money the government takes out of your paycheck goes into the general fund and the pols spend it as they choose for "your best interest" provided it coincides with theirs. Am I being too cynical?

Gore believes the government should take care everything and everyone. The more dependency of the people on the government the better because the dependents will look to him for what they need and keep him in office. Forty percent of the people in this country pay no taxes at all.

But what is the important thing that will make the stock market continue to go up? Is Bush better than Gore for the market? Or visa versa? Is a Democrat better than a Republican for the stock market? Or visa versa?

Historically the market finishes the year up 14% when the incumbent party prevails. The Dow goes down 3% when the parties change in the White House. It would seem Mr. Gore would be a better bet. But little George has proposed a plan that would give wage earners the right to put 16% of their payroll taxes into a private investment account. This would certainly fuel the stock market.

Who takes care of those who do a poor job of investing and lose all their money? We are already taking care of them. Did you know the return on investment for Social Security is about 2 1/2%? A money market fund earns twice that. Yes, there will be some who do lose that small personal investment account; however, there will be many more who do well and will have a better lifestyle for their personal efforts. There will be another bear market and all the sheep will be sheared.

Right now the economy is so strong that Mr. Greenspan is doing his best to slow it down. And we are in a strong world economy. Even Germany and France have finally learned that the way to stimulate their country's growth is to lower taxes. It has been an expensive lesson for them. Lower taxes mean more money for people to spend and invest, both of which stimulate the economy. Democrats needn't worry that there will be less spending if they should lose the White House as the Republicans know how to spend as well as they do. Cynical again, huh?

When it comes right down to which man will do better or worse for the stock market it is a toss-up. The difference is made in Congress, not in the White House. The president tries to steer the Congress to act on his beliefs. One of the things few people remember - it is best to have opposing views between the executive and legislative branches of government. A Democratic president is balanced off by a Republican Congress. And visa versa.

We'll just have to wait to see what this next election brings.

Al Thomas' book, "If It Doesn't Go Up, Don't Buy It!" has helped thousands of people make money and keep their profits with his simple 2-step method. Read the first chapter at http://www.mutualfundmagic.com and discover why he's the man that Wall Street does not want you to know.

Copyright 2005

disinfecting cleaning services Buffalo Grove ..
In The News:

Joe A. from Shelton, Connecticut, lost $228,000 to a ZAP Solutions cryptocurrency investment scam after his divorce, highlighting rising online fraud.
AI-powered autonomous trucks from Waabi and Volvo target U.S. freight driver shortage with Level 4 self-driving technology and NVIDIA computing platform integration.
Survive flight disruptions with expert travel tips: Book early morning flights, download airline apps and know your refund rights during service cuts.
Apple's iOS 26.1 update delivers major security fixes, performance boosts and enhanced privacy controls for your iPhone. Discover why updating now protects your data.
Russian hackers use fake CAPTCHA tests to spread dangerous malware targeting governments and journalists. Learn how to protect yourself from these deceptive attacks.
Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.
Miami-Dade debuts America's first autonomous police SUV with AI cameras, drone deployment and real-time crime detection in groundbreaking law enforcement pilot.
Bank impostor scams cost Americans $2.9 billion as criminals use AI voices and caller ID spoofing to steal life savings. Learn nine essential fraud protection tips.
Foreign-owned apps secretly harvest personal data from seniors, making them prime targets for scams. Learn how to protect your privacy and stop data brokers today.
Sens. Josh Hawley and Richard Blumenthal introduce bipartisan GUARD Act to protect minors from AI chatbots through mandatory age verification and disclosure requirements.
Ghost-tapping scammers exploit wireless technology to drain accounts through small transactions, but RFID-blocking wallets and transaction alerts can protect you.
French pilot project demonstrates wireless charging roads that can deliver over 300 kilowatts of power to EVs while driving, potentially eliminating range anxiety.
YouTube's Ghost Network spreads information-stealing malware through thousands of fake videos offering cracked software, using compromised accounts and fake engagement.
Protect your privacy by disabling your smart TV microphone. Most TVs have hidden mics that listen even when voice commands are off. Learn quick steps to stop unwanted audio capture.
SessionReaper vulnerability hits Magento and Adobe Commerce stores, compromising 250+ sites in one day. Hackers steal data and hijack shopping sessions.
Master essential parental controls and digital safety tools to protect your kids online. Learn screen time limits, location settings and privacy controls every parent needs.
Cybersecurity expert shares six essential steps to protect against dark web threats, including data removal services, password managers and antivirus software.
NVIDIA GPU space mission could revolutionize cloud services by enabling orbital data centers that make apps, games and AI tools faster and more efficient.
Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.
Microsoft warns Windows 10 users face serious security risks as 90% of ransomware attacks target unsupported systems. Learn why upgrading to Windows 11 is crucial.
Nike unveils Project Amplify, revolutionary motorized shoes developed with Dephy that add powered assistance to every step for runners and walkers.
Cybersecurity experts warn about one of the largest credential compilations ever found, urging users to check "Have I Been Pwned" and change passwords immediately.
Quick iPhone and Android battery optimization techniques help your device stay powered all day by turning off hidden features that secretly drain power in the background.
Kodiak Driver autonomous truck achieves perfect 98 safety score, matching top human fleets in groundbreaking AI evaluation by Nauto's VERA system.
New 401k catch-up contribution rules in 2026 will change taxes for high earners over 50. Learn how scammers exploit these changes and protect your retirement savings.

Discover the Retirement Breakthrough the Federal Government Created for You - The Roth IRA!

If you don't know what a Roth IRA is then... Read More

A Good Fund Manager

Every Wall Street analyst, financial planner and broker will tell... Read More

Bottoms Ups

If you have talked to a stock broker or financial... Read More

Inverted Interest Rates

Inverted interest rates? What's that? Who cares? Even if you... Read More

It Cant Be Done

Wouldn't it be nice if you were only in the... Read More

Political Investing

We have two candidates for president that have really different... Read More

Eternal Sunshine

There is a current movie entitled "Eternal Sunshine of the... Read More

Big Buildings Can Mean Big Economic Disaster

AS BUILDERS BEGIN WORK ON THE FREEDOM TOWER in New... Read More

The 1% Solution

You probably know the story of Sherlock Holmes and the... Read More

Duck

Duck! No I don't mean a quack, quack. I meant... Read More

Advantages and Disadvantages of Mutual Funds

Outlined below are some of the advantages and disadvantages of... Read More

My Neighbor Got A New Car

I don't know what kind it is, but I saw... Read More

Dont Buy Worldcom! A Guide to Wise Bottom Fishing

Over the past few months, several investment professionals have brought... Read More

Trading Tips No 5: Stock Trading Curve Drawdown and Commitment

All stock trading and investing methods must deal with the... Read More

Your Trading Objective: Why is that so Important?

You've decided to try your luck at trading stocks or... Read More

Lemmings Are Gathering

Before they go over the cliff to their destruction these... Read More

VIX

No, this is not a symbol for some Latin number.... Read More

Investment Lawyers and Trash Stocks

The trash business in its efforts to cook their books... Read More

Price Targets

Every day in any financial publication you will find the... Read More

Dont Ask Your Broker

Unfortunately, most of you who are reading my column are... Read More

The Great Stock Market Secret

When the stock market is going up and all your... Read More

Inertia Syndrome

When it comes to buying a stock or mutual fund... Read More

Direction

It is difficult to make money in a bull market,... Read More

Again With the Bubbles?

A few years back ? it seems like an eternity... Read More

What Does it Take to be a Stock Trader?

It takes a total mental commitment to the task. It... Read More

spotless home service Arlington Heights ..