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.

cheapest limo Glendale Heights ..

In The News:

With fake invoices and sextortion threats, here's a look at some of the latest spam emails currently circulating and how you can better protect yourself from them.

Kurt "CyberGuy" Knutsson weighs in on Apple's latest iPhone lineup, its features, specs and pricing and the options that are best for you.

The Seaglider is a cutting-edge, all-electric transportation vehicle that combines elements of boats, hydrofoils and aircraft for a different kind of transport.

Kurt "CyberGuy" Knutsson explores what's new with Apple's iOS 18, which has introduced big changes in design, features and overall usability.

During this election season, beware of fake candidate websites and fake social media accounts. Scammers can exploit passion to build trust and steal information.

Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.

Your online presence can risk your safety, but you can protect your privacy. Tech expert Kurt “CyberGuy" Knutsson offers tips to take control of your digital footprint.

Tech expert Kurt “CyberGuy" Knutsson reveals how the STING package makes Tesla’s Cybertruck an apocalypse-ready survival machine.

Kurt “CyberGuy" Knutsson: Apple’s AirPods Pro 2 will double as hearing aids via a software update.

Tech expert Kurt “CyberGuy" Knutsson says the National Security Agency advises weekly phone reboots to protect against cyberattacks and enhance mobile security.

Tech expert Kurt “CyberGuy" Knutsson discusses how sextortion scams now add home photos to threats, aiming to make blackmail scarier.

The Rubishack is a mobile tiny house built on a Cummins truck, perfect for adventurous living. Tech expert Kurt “CyberGuy" Knutsson takes a closer look at the tiny marvel.

A hacker shared 240 gigabytes of Toyota customer information on a dark web forum that included contact and financial information, emails and other data.

University researchers have developed a small, portable device that can accurately measure microplastics in water samples within minutes.

New Jersey-based Avis Rent A Car is the latest victim of a cyberattack that apparently has revealed personal information of hundreds of thousands of people.

Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.

The Plaud NotePin memory capsule is an AI-powered device you can wear around your neck like jewelry, and it helps you remember things.

Here are some of my best time-saving tricks when using Microsoft Office and Google Workspace including dictating text, freezing spreadsheet panels and recovering old file edits.

A skyscraper in New York has become the first high-rise in the world to use a robot to wash windows. Ozmo has robotic arms on a cleaning platform.

Technological advancements with baby monitors, which have varying levels of security, have brought new risks, including potential hacking.

The Associated Press-NORC Center for Public Affairs Research and USAFacts conducted a poll last month that found the majority of respondents do not trust artificial intelligence for accurate data.

There's been a sudden surge across the U.S. in anonymous messages that start with "hello" or "hi" that could leave recipients concerned.

Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.

Kurt “CyberGuy" Knutsson discusses what Americans should be concerned about after nearly 1 million Medicare beneficiaries’ data was compromised in a recent data breach.

Tech expert Kurt “CyberGuy" Knutsson reveals how scientists developed a method for robots to sense touch using AI and sensors.

Political Investing

Stocks & Mutual Fund