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#1
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posted to rec.boats
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On 19/07/2010 9:14 PM, bpuharic wrote:
On Mon, 19 Jul 2010 19:21:25 -0400, wrote: bpuharic wrote: On Sun, 18 Jul 2010 20:24:45 -0600, wrote: uh huh. if that's the case what happened to the 14 trillion wall street lost in equity over the last 3 years? You are obviously suffering financially yet you still think the Dems are on your side? yeah. when's the last time the GOP proposed a capital gains tax INCREASE? oh. never. QED Capital gains is really a wealth tax. Say you owned an average company, stable but average in every way. Worht $1 a share. Pays a constant 4% dividend. Some decades later it is worth $4 but every you could by for a $1 is now $4, in dollars you have 4 tiems as much but in buying power you are the same. Thus no real gain other than the dividend you get. But wait, government taxes capital gains so when you sell it for $4 and realize the $3 gain you pay taxes of say $0.70 for a $3.30 left. But it can't buy the $4 item...so purchasing pwoer is lost. It is why you seek gains above inflation or it isn't worth owning unless the divident is fat. -- Government has liberals, idealists and lawyers, but where is the common sense? |
#2
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posted to rec.boats
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bpuharic wrote:
On Mon, 19 Jul 2010 19:21:25 -0400, wrote: bpuharic wrote: On Sun, 18 Jul 2010 20:24:45 -0600, wrote: uh huh. if that's the case what happened to the 14 trillion wall street lost in equity over the last 3 years? You are obviously suffering financially yet you still think the Dems are on your side? yeah. when's the last time the GOP proposed a capital gains tax INCREASE? oh. never. QED Why do you have to worry about that? Are you at retirement age? |
#3
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posted to rec.boats
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![]() wrote in message ... On Sun, 18 Jul 2010 23:03:13 -0400, bpuharic wrote: uh huh. if that's the case what happened to the 14 trillion wall street lost in equity over the last 3 years? A good percentage of it never existed in the first place. It was just paper that was traded like it had some kind of value (Derivatives and such). A good chunk has been made back The dow is over 10 again. If we could actually create some real jobs it would do better. The money that was made 2 years ago was made shorting the market. Since then there are quite a few stocks that have appreciated and if you trade stocks there was a quick $50 to be made on a share of Google in the last few weeks. I watched it but I didn't trade on it. Ah, stock trading, the pass time of the wicked. |
#4
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posted to rec.boats
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#5
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posted to rec.boats
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![]() "bpuharic" wrote in message ... On Mon, 19 Jul 2010 01:18:48 -0400, wrote: On Sun, 18 Jul 2010 23:03:13 -0400, bpuharic wrote: uh huh. if that's the case what happened to the 14 trillion wall street lost in equity over the last 3 years? A good percentage of it never existed in the first place. It was just paper that was traded like it had some kind of value (Derivatives and such). absolutely agree...courtesy of the right wing groupthink that said 'turn the economy over to the free market and stop giving increases to the middle class'. I am curious. How much of the 14 trillion lost on Wall Street represents real money loses and not paper loses. I have very modest investments in the stock market that I started in 1999. Not a 401k. Just small investments that I manage myself. Don't spend much time watching them. Not a day trader type. The paper value of those investments right now is about four to five times the initial investment, despite the meltdown of 2008. I suppose I could complain that without the meltdown the stock values would be much higher, but I don't regard that as loses. Loses would mean the value of the investments today are less than the original deposit into the account. CC |
#6
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posted to rec.boats
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On Mon, 19 Jul 2010 09:09:37 -0400, "Charles C."
wrote: I am curious. How much of the 14 trillion lost on Wall Street represents real money loses and not paper loses. I have very modest investments in the stock market that I started in 1999. and the difference is? 'paper' losses are real losses representing a loss in equity and a loss in the ability to extend further investments Not a 401k. Just small investments that I manage myself. Don't spend much time watching them. Not a day trader type. The paper value of those investments right now is about four to five times the initial investment, despite the meltdown of 2008. I suppose I could complain that without the meltdown the stock values would be much higher, but I don't regard that as loses. Loses would mean the value of the investments today are less than the original deposit into the account. what they represent is a loss of time. if you're 20 you have no problem. in the next 40 years you'll be OK if, however, you're a baby boomer, well that's a different story CC |
#7
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posted to rec.boats
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#9
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posted to rec.boats
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![]() "Canuck57" wrote in message ... On 18/07/2010 12:16 PM, bpuharic wrote: On Sun, 18 Jul 2010 13:49:21 -0400, wrote: On Sun, 18 Jul 2010 12:37:59 -0400, wrote: Hell, it's only down 10% for the year! A wonderful success story. just think, if GWB had his way, social security could have the same success my 401K is having. Your 401k is not 10 trillion in debt it's certainly part of it. 14 trillion dollars in equity wiped out by right wing greed BTW if your fund manager has any brains at all he bought this market blah blah blah. find me a 401K that's doing well, OK? which is it? fidelity? shearson? magellan? IOW you're just spouting bull****. My meager little portfolio is making about 30% since 1q09, fine. when you become 100M middle class americans, you be sure and let me know, OK? again...the question: which 401K funds manager...magellan, shearson, chase, etc...is doing better today than in 2006? go ahead. take your time I guess you don't have the right mondset. Money is attracted to those who know how to manage it. I knew you felt betrayed by the system. Now I know why. |
#10
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posted to rec.boats
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On Sun, 18 Jul 2010 14:51:17 -0600, Canuck57
wrote: On 18/07/2010 12:16 PM, bpuharic wrote: On Sun, 18 Jul 2010 13:49:21 -0400, wrote: fine. when you become 100M middle class americans, you be sure and let me know, OK? again...the question: which 401K funds manager...magellan, shearson, chase, etc...is doing better today than in 2006? go ahead. take your time I guess you don't have the right mondset. Money is attracted to those who know how to manage it. if that's true why has the US economy collapsed. you mean to tell me there's NO ONE in the US who knows how to mamage money?? you sure are stupid |
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