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Registered
Join Date: May 2001
Location: Peoples Republic of Long Beach, NY
Posts: 21,140
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only imo
now is a good time to find a track winner.
previously most of new capital investing, over 50%, has been overseas along w/its volatility and as they continue to take the current beating investments will default to US markets. And Federal economic #'s [Treasury Jan reports] continue to exceed mass-media hype of the Dem agenda that higher taxes are necessary for a strong economy. The point is that a continuing strong economy attracts worldwide $ over the long term. Bush's fast-track authority needs renewal this June. I hope the beltway Dems are smarter than what they portray themselves as. After all we are in a worldwide economic war that ripples through our markets.
Even though misinterpetion of trade and savings deficits has cramped beltway policies from both parties concerning greater US growth the US is in for a greater piece of world capital right now. More liquidity in our markets will provide buoyancy for all kinds of investments.
party hearty.
Vanguard "Tot St Mkt index" is a nice default over treasuries imo.
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