How to make money in an Obama economy
2 November 2008
I’ve made it no secret that I’m not a fan of Obama’s approach to taxing the top 10% and ‘redistributing wealth’. But as the election moves forward, many are predicting an Obama win. I believe this, not because I think he’s a great guy but because too many people want to believe in rhetoric of change. Obama will attempt to tax the top 10% but will fail miserably, leaving it up to the rest of us to pick up the tab. But I digress.
My goal on this post is guide you to how to make money in an Obama economy. Many investors see Obama as a huge risk, and rightfully so. 401(k)s will be vulnerable to a large degree. But it’s still possible to use his policies and rhetoric to your advantage and make money.