Whether or not I agree with the upcoming stimulus package is irrelevant – some form of it will ultimately get passed in the next few days. It’s an exciting yet nerve-wracking week for investors who are trying to earn the most profit out of the initial phases of this bill. I have spent much of yesterday and the majority of this morning readjusting some of my investments, depositing more funds, scratching my head in confusion, and realizing the gamble.
President Obama has been in office about two weeks, and while most presidents’ administrations are assessed by what they accomplish in the first 100 days, I’m looking forward to two things Obama has shown interest in.
I have nine months left to figure out a way to take a big bite out of what will become a heavy financial burden on my household – the cost of medical school. In earning money, I’ve always followed the “smart and efficient” path rather than performing grueling amounts of hard work. Though both routes have their pros and cons, with the current, world-wide economic situation, I’ve decided to take advantage of it by once again by investing in the stock market.
I don’t understand investors. Some Wall Street analysts state that not only are we in a recession, but flirting with another economic depression on the horizon. 79 years ago today, the United States stock market crashed leading our country into a decade of unemployment, corruption, and overall stifling of the “American dream.” Now, these so-called experts predict we’re on the brink of reviving that financial nightmare. I’ll admit, our economy has been in better shape; however, we have come a long way since 1929. Our economy will ultimately recover, and for those smart individuals out there, this is a time to make long-term investments.
