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The Water Cooler
General Discussion
How did your investments do in 2019?
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<blockquote data-quote="SlugSlinger" data-source="post: 3311473" data-attributes="member: 7248"><p>The rule of thumb I've heard in the past is to invest in the market with dollars you don't need for a few years. The number of years I've heard was 5-10 years. The reason for this is due to the cycles the economy goes through. Currently we are in the middle of a growth cycle due to Trump's stimulus of tax rate cuts and him being very pro-business. This should continue while he's in office. If a democrat gets in office next, you can kiss some of the gains good-bye. The first thing a dem will do is raise taxes, which will kill any economic growth. They do this to make people more dependent of the .gov and to keep their jobs to rule the rest of us.</p></blockquote><p></p>
[QUOTE="SlugSlinger, post: 3311473, member: 7248"] The rule of thumb I've heard in the past is to invest in the market with dollars you don't need for a few years. The number of years I've heard was 5-10 years. The reason for this is due to the cycles the economy goes through. Currently we are in the middle of a growth cycle due to Trump's stimulus of tax rate cuts and him being very pro-business. This should continue while he's in office. If a democrat gets in office next, you can kiss some of the gains good-bye. The first thing a dem will do is raise taxes, which will kill any economic growth. They do this to make people more dependent of the .gov and to keep their jobs to rule the rest of us. [/QUOTE]
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