Saturday, November 10, 2012


The presidential election results may have been disappointing for me, but not entirely unexpected.  After all, I never really thought Romney had the charisma to beat Obama.  Even so, it was a lot closer than I expected, which should have sent signals to Obama and the Democrats that maybe they need to have a good hard look at the way they've been doing things.  Not likely to happen I suspect.

At any rate, the elections over and the results are what they are.  The administration is already talking tax hikes and the stock market took an immediate dive.  Neither of which were unexpected with an Obama win.  So what does a person do now?

I don't know about anyone else, but I've decided to look at it all as a stock buying opportunity and rebuild my investment portfolio.  After my last heart attack, the medical bills devastated my savings and investments, but like with any disaster,  things are starting to turn around and I'm getting back on track.  I've scheduled transfers to my regular stock account and my retirement account next week.  I'll be keeping things on a conservative level, trying to minimize tax exposure while maximizing income.

I've been reading the book, "You're Broke Because You Want to Be" by Larry Winget.  Great book for people who find themselves living paycheck to paycheck or never being able to pay their bills.  While I don't really have any trouble managing my finances anymore (I haven't been "broke" since September of 1993), I'm always looking for new ideas and ways to improve.  It's a great book and a great read, I highly recommend it.

As for election results, it's time to move on.  Whatever happens, don't blame me, I voted for the other guys.  Politicians come and go, and my "hope" is that moving "forward" they won't do too much damage along the way.  

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