aplusmnt wrote:backhoeboogie wrote:Not something for an investor to invest in. Unrestricted bail out money goes for CEO bonus packages and nothing for the investors.
Investor confidence is on rock bottom.
Consumer confidence is just a threshold above investor confidence with people forced to buy food, gasoline, and every day life comodities. If not, things would be much worse.
Many are buying depressed raw land. They are buying for the 15 to 20 year haul. That takes out opportunities for stock investment if there is a rebound and if the market becomes sound again. Hence, these long term purchases are going to hurt something that is already hurting.
And then when you see things like the Unions getting put ahead of the Bond holders during a bankruptcy like in GM case. Why would anyone have faith anymore in putting stock into companies! The whole system is upside down now!
It is very hard sometimes to put the kind of faith in a company and buy its stock. But, just as with the US Government, one has to exercise his vote when elections roll around. The shareholder does not have to vote with the Board of Directors. The shareholder does not have to vote for the immense stock option packages the Board of Directors grant. Even the bait they put out as ESOP plans would, in many instances, work better as wage increases for the workers rather than "an opportunity for employees" to own a part of the company. What a shareholder needs to understand (just as a shareholder of the United States) is he must exercise his vote to be heard at all. He must also understand that exercising his vote really won't mean a whole lot up against the inner circle of institutional shareholders (House and Senate) and the "good ole boy network".
Thus, a "buy and hold investor" is pretty much a doormat for the rest of the world. Hereforsire just might have the right strategy. You can't afford to "own" them, you need to "rent" them which makes the Stock Markets pretty much nothing more than a huge casino... without the pretty girls bringing you free drinks.




