Recent content by heropretend

Pretty sound advice again, but I feel some of your posts seem like you are suggesting that everyone needs to go ALL IN on energy stocks. Sure you can average down and look good in 10 years, but you're managing millions. Individual investors can't afford to average down stocks until they're...

The Moto G 3rd gen is really $220 unlocked and new. The Nexus 5x is at $300 new right now. These phones work on all carriers and the price difference is $470 and $390 while the average iphone price last quarter was $690. Those are good but not great phones that work well for the majority of...

iPhones are priced around $650 and a great upper end budget Moto G 3rd gen is $220. I don't want to talk contracts or anything and upgrade cycles. Merely pointing out, there is a huge difference in price without a huge difference in useability. The Apple Watch is just starting to gain traction...

There are tons of reasons oil can stay low for longer and break Todem. Fracking can stop and start production on a dime. There doesn't seem to be any worry of supply not meeting demand. Fusion and alternative technology is advancing. Hydrogen, fuel cell, nuclear, solar, wind etc. Global...

I'm starting to see the Apple Watch as a means of iPhone users signaling their status over other iPhone users. Wherever we go with wearables or VR or cars, with Apple's perception as a luxury brand and best in class design, Apple is going to dominate the market. If everyone owns an iPhone then...

High gas prices, blame Obama Low gas prices, blame Obama

used to buy FAZ and SKF back in the day. Lost more than my current net worth. Hope everyone watching this thread sees how destructive leveraged etfs are.

Since no one has any answers: 1. Set the lowest tax rate to 0% on the first $15,000. Poors will spend it all immediately anyway. 2. Shift welfare spending to a universal basic income. But only do this after we see how it goes in Denmark. 3. Transparent and competitive market pricing on all...

Imagine a world without poors. Everyone works hard and saves and invests enough to own a house, car, and retire by 50. There are less workers, more retired people, and more money is held in low risk bonds and cds. No one spends enough of their income for economic growth. How does this world...

A lot of economists like Krugman have been saying that low oil prices are good for the overall economy is but a crashing oil industry and high yield debt can cause destabilization, political worries, etc and hurt the overall outlook. So low and lower oil and gas is good, but 99 cent store oil...

It's just terrible that someone believes running a small business is some tax haven and is telling a CPA that they're doing it wrong if they're not Warren Buffet yet. Buying that Eames lounger for $5k means cutting into your margin or taking on $5k more work and deducting what, 40%? So I want to...

Trip, ,ost of us with educations did work hard, but we also had more chances. I agree that everyone has a chance, but for poors their chance starts early and ends early. I'm willing to bet that everyone on these forums had by historical levels some ridiculously supportive backgrounds with...

More households should be shared. That's how it's always been done. We're moving towards 30% single households and 70% 2 person households. This idea that we all deserve our own place and all the poor are starving is baloney. Nobody starves in the US, most of the homeless are homeless because of...

I think you're seriously misunderstanding what has been said. Someone suggested we limit net worth to $1 billion and tax and redistribute everything above. I responded that would cut all incentive for billionaires to earn another dollar. Duh. You're the one with the weird rhetoric...

I don't know. My guess is 50 percent. But let's change the word here from incentive to motivation. I'll be back later tonight, but what do you think? If you asked me, if I was a billionaire with my current situation and lifestyle if I'd lose all incentive to work if every dollar over a billion...