When half the country pays no income taxes, many based solely on the makeup of the family, lefties complaining about those that have and those they demand continue to offset the freeloaders falls on deaf ears.
Stocks actually did better under Obama than tRump.
- Thread starter Tacomaman
- Start date
When half the country pays no income taxes, many based solely on the makeup of the family, lefties complaining about those that have and those they demand continue to offset the freeloaders falls on deaf ears.
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Retired Teacher
You've got me confused with someone else....Double check your script
One of the many excuses lefties use to defend the half not paying income taxes is that they pay other taxes. So do the rest of us but that doesn't exempt us from paying income taxes. What they ignore is that many of the "other" taxes are use taxes that unless you choose to do something, you don't pay them.
Yep, that's what everyone of you liar say, yet there are a whole lot of people who say the same thing about their 401k. Truth hurts you filthy chinamen, don't it?
Market return is calculated by how much money is made if the same amount is invested. You don't have more money to invest just because the DJIA is at 10,000 instead of 5000.
$100 invested in Jan 2009 would be worth $162 in Oct 2012
$100 invested in Jan 2017 would be worth $143 in Oct of 2020.
$162 is more than $143 so the market did better from 2009 -2012 than from 2017-2020.
That's like saying saving $100 at 5% interest gets you more money that saving $100 at 10% interest over the same period of time.
Either you are a complete nincompoop or your employer is not making the deposits required by law.
Based on the market performance leading up to Oct of 2016, there is no possible way for a reasonable investment in stocks to have been losing money from 2009 to 2016. There isn't even a single starting point in those 8 years that would have allowed you to be losing money if you didn't start saving from that point on.
What would have happened was in 2008 before Obama became President, you could have seen a 40% drop in your 401K but unless you panicked and got out of the market you would have recovered in within 3 years.
It seems you don't understand simple algebra.
To calculate return over a period of time you divide the ending amount by the beginning amount and subtract 1. Or you can divide the difference by the starting amount.
5,030/8,077 = .6227 or 62% return over the time period
8508/19827 = .42911 or 43% return over the time period.
13,107/8077 = 1.6277 - 1 = 62%
28.335/19.827 = 1.42911 -1 = 43%
The interest is higher under Obama so you would have got more money investing under Obama.
This isn't high finance but basic investing. Anyone that can't do the math is usually easily conned.
You have to use the numbers correctly for it to be correct.
Pretending you know isn't the same as knowing.
Your math is like someone getting 50% then an additional 20% thinking they got 70% off.
You have no idea what you are talking about.
If you claim I didn't do the math correctly then feel free to give us the correct math.
Without you showing us the correct math, it would appear you are the one pretending to know.
My math is correct. It is the same math that has made lots of people millionaires. You simply need to know which investment gives you the best return.
If you buy $100,000 of Berkshire at $13,000 and it goes to $20,000 will you make more money than if you buy $100,000 of Apple at $150 and it goes to $500?
Berkshire has gone up $7,000 per share but Apple has only gone up $350 per share. Which would make you more money?
Now replace Berkshire with the DJIA from 2017-2020 and Apple with the DJIA from 2013-2016. Same math and the same result.
Of course I have no idea what I am talking about. That's why I make money in the market along with everyone else when you somehow manage to lose money. Myself and 300 million other people must be so stupid to make money while you lose it.
It's called a basic investment strategy that any half-assed investment advisor will tell you to do. Diversify and dollar cost average.
Here is my evidence of how you couldn't have lost the money if you used any reasonable investment strategy -
https://finance.yahoo.com/quote/^DJI/history?p=^DJI
https://finance.yahoo.com/quote/^IX...story&frequency=1mo&includeAdjustedClose=true
Fake news.
Without you showing the correct math, you're pretending and expecting others to believe you.
If you buy something that goes up 5000 vs something that goes up 8500, you're claiming you'll make more on the former than the latter.
It must be fake news that everyone in the market made money except for you.
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Stop and think about that for a moment.
I guess that is why you will always live in a double wide and not in a mansion.
Example -
I bought a painting at a garage sale for $1 and sold it for $5,001.
vs
I bought a painting at an auction for $1,000,000 and sold it for $1,008,500.
Only a fool would think the million dollar investment was a better investment.
An even bigger fool would think that when someone invests in the market they only can buy 1 share at the current market price and can't invest one cent more or one cent less.
When the market is lower you buy more shares than you can when the market is higher.
If you buy 100 shares at $5 or 1 share at $500 if the $5 share goes to $10 and the $500 share goes to $750 which investment makes you more money? They were both $500 investments.
Why? Could it be the fact that the Federal Reserve pumped billions of dollars each and every month into WALL ST.? Talk about a fake, phony and false indicator of economic success. ITS all FAKE.......TRUMP has just figured out how to game the central banks and use their own tricks against them. After the election......you will witness the greatest market crash in US history as the US goes back on the GOLD STANDARD...TRUMP has prepared the US for such a crash...get ready, its coming.........
The market could tank today and TRUMP will still win in a landslide.......no market OCT. surprises from the Globalists will work.........ITS TOO LITTLE TOO LATE. Trump has the keys to the kingdom......the Federal Reserve is no longer a private sector independent organization, it was moved to the federal government under the US Treasury which is controlled by TRUMP. The globalists have been attempting to crash the market since MARCH....it does nothing but YoYo. There is not one swinging dick on Wall Street that will stand by and watch his fortune go down the drain because of politics. If the market goes down 1000 points today.....some greedy assholes will swoop in and purchase what the others have sold......these assholes make a living SHORT SELLING the market.
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