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Detached Member
Join Date: May 2003
Location: southern California
Posts: 26,964
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Watching with great interest. I've got about 10-12 years before retirement, and my portfolio which was very well divested in mutual funds of all kinds, is down a lot from the 10/2007 high.
I think the Feds and States are going to be raising lots of more taxes to pay for the stimulus, healthcare, etc., which will drag down the recoveries momentum. Especially when the public figures out that the depth they will reach to raise taxes doesn't stop at those making over $250K/year.
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Hugh
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