Celebrating the Dow’s return to 5 figures, here’s stephen colbert.
|The Colbert Report||Mon – Thurs 11:30pm / 10:30c|
|The Money Shot|
Stephen Colbert on Twitter:
Two things led me to invest in stocks for the first time last November.
1. Buy Low
The market was at the lowest point it had been in the last 10 years.
The DOW was in the low 7,000 range.
Almost everything was down drastically.
2. An intelligent, democrat was elected.
At that point, I was convinced we’d see an upswing in the economy – although I had no idea how long before we’d see upward movement.
It turns out, that wasn’t the low point.
March the DOW managed to hit the mid 6,000’s.
Today, the DOW is in the mid 9000’s, and everything I invested in is in the black.
Do I have the midas touch?
No. It was simply a good time to get in.
I’m betting on the US.