Post by Small Biz Owner on Sept 29, 2011 5:37:15 GMT -5
Markets are forward looking to see a return on investments with principal and profits included. Defaults loom large not only for bond holders in Greece and Spain, but also here in the USA as many municipalities and states are running out of money.
Yes, you have probably heard all this before from Decoy and the other Gloom and Doomers posting warnings. Unfortunately it is close to being true.
If you invest your money, and you want it all back with profits, then you actually get less, think GM bondholders here and California with IOU's, are you inclined to get burned again?
Not me. Not with stocks that are dependent upon returns from these entities, especially those who are supported with stimulus money, because that money is coming to an end.
I want all my money back, on demand with profits $$$$