Business Magazine

Capitalism is the Way Back to Prosperity!

Posted on the 04 September 2011 by Divstkforcomman @DivStkForComMan
Capitalism is defined as an economic system in which the means of production are privately owned and operated for profit, usually in competitive markets. The United States, whether we like it or not, is in competition with other countries, socially and financially. It is most important to remember the reason why our country is so great. We have the finest companies on the planet! Our economy will not improve by raising revenue (aka raising taxes) or another injection of quantitative easing. Allowing small business and large corporations to have their capital work to make more capital that is when we will see the job's market get better.
When selecting stocks for your Roth IRA portfolio select those which have been around for many, many years, who have a competitive advantage over their cohorts, and one that you like. For example, McDonald's or Walmart. If you like their products, then you'll feel better about owning their stock, especially if they pay you to hold their stock.
Please watch the entire video below, especially the first segment about "Maintaining a Competitive Advantage". Have a great Labor day weekend!

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