What Sort of Investing Does Barack Obama Do?
In this age of the Internet and the 24 hour news cycle, we often look at what candidates for political office do in their personal lives in order to get an idea of what they would do while in office. Interestingly enough, if one looks at the sort of investing Barack Obama does, he would probably be an extreme fiscal conservative. BloggingStocks points this out about investing and Barack Obama:
Voters worried that Obama is a tax-and-spend liberal should take some comfort from the conservative — Slate says too conservative — approach in his portfolio that it is too weighted toward bonds and not enough toward stocks. Unlike former Massachusetts Gov. Mitt Romney, Obama has no hedge fund investments or much of anything else exciting. Most of his money is in mutual funds. …
I know conservatives often snipe that liberals would rather risk the government’s money than their own. But Obama’s portfolio shows that he is hardly an elitist.
Indeed, when expounding on his plans for the economy Barack Obama often makes sure that he includes what he would do to offset costs of some of his programs. And he is the only serious contender for president with the guts to point out that a gas tax holiday makes poor economic sense.
But does that mean he is truly a fiscal conservative? Does the investing Barack Obama is partial to (with most of his holdings in a blind trust) really indicate thathe would whip the country into fiscal shape? Is that even possible at this point?
At any rate, if I were advising Barack Obama on his investing plan, I’d have him mix it up a little bit. The man has the risk tolerance to absorb a few riskier investments. Lets try some more stocks, and maybe even an ETF or some forex trading.
Disclaimer: I am not an investment professional. Nothing in this piece or on this Web site should be construed as investment advice. Before making investment decisions, do your own research and/or consult with an investment professional. All investment comes with the risk of loss.
Tags: Barack Obama, investing, investing blog, Fed rate decision,
economy, investments, forex trading
