Posted by Rich-CA on June 12, 2007 at 11:56:40:
Then if you can sell, you probably should. Unless you are committed to the market long term, in which case these things have their ups and downs. By long term I’m talking 10 years or so, not just a couple of years. One thing is certain, the political landscape has a lot to do with growth or not. The states experiencing the best growth have the most hands off governments, while the ones with the most laws, regulations and taxes don’t fare so well. If the 2008 election leaves us with people in Washington who will not extend the tax cuts, expect that the economic situation will get much worse.
So, for me, I would sell because Ohio does not have a healthy enough economic climate to weather a big increase in money removed from the economy by taxation.